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Delta will buy a 15% minority interest while Korean Air will take a 10% stake. Read more at straitstimes.com. Read more at ...
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 ...
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 and Korean Air are to acquire independent equity stakes totalling 25% in WestJet for a total of $550 million. The bold move will see Delta invest $330 million for a 15% stake in the airline, and ...
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 move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.
Delta Air Lines (NYSE:DAL) and Korean Air announced on Friday that they will strengthen their respective partnerships with ...
Delta Air Lines and Korean Air plan to acquire 25% of Canadian discount carrier WestJet, and Delta intends to sell 2.5% share ...
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 ...
DALLAS — Delta Air Lines (DL) and Korean Air (KE) will deepen their agreements with WestJet (WS) by acquiring minority equity ...
(Bloomberg) — Delta Air Lines Inc. and Korean Air Lines Co. will spend $550 million acquiring a stake in Canadian carrier WestJet, adding to the broader consolidation among airlines globally. The 25% ...