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Delta Air Lines and Korean Air are investing a combined $550 million in Canada's WestJet despite shaky Canada-US travels ...
The investment comes at a shaky moment for travel between Canada and the U.S., with Canadians taking fewer trips to the U.S.
Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from ...
Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the ...
Delta Air Lines and Korean Air will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian airline from Onex Partners, the upper middle ...
Delta Air Lines (NYSE:DAL) and Korean Air announced on Friday that they will strengthen their respective partnerships with ...
The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.
Under the deal, Delta will buy a 15 per cent minority interest for US$330 million while Korean Air will pay US$220 million ...
The 25% stake is being sold by Onex Partners and affiliated funds and co-investors of the group. The Onex group will continue to own and control WestJet ...
CALGARY - Onex Corp. is selling minority stakes in WestJet to Delta Air Lines and Korean Air for a total of US$550 million.
WestJet has announced it's selling 25 per cent of its minority shares to Delta Air Lines and Korean Air for a total of $550 ...
Delta Air Lines and Korean Air Lines said they will buy independent equity stakes worth $550 million in Canadian airline WestJet from Onex Partners. U.S. carrier Delta will spend $330 million and ...