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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 ...
Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the ...
The asset manager is selling a 15% stake to Delta and 10% to Korean Air Lines in deal that positions WestJet for additional ...
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 strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian airline from Onex Partners, the upper middle ...
US legacy carrier Delta Air Lines has agreed to pay $330 million to acquire a 15% stake in WestJet. This marks the latest ...
The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.
Under the terms of the agreement, Delta ( NYSE: DAL) and Korean will acquire independent equity stakes totaling 25% in ...
Under the deal, Delta will buy a 15 per cent minority interest for US$330 million while Korean Air will pay US$220 million ...
Delta and Korean Air will each purchase minority stakes in WestJet, totaling $550 million, to strengthen their partnerships ...
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