Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the ...

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 are investing a combined $550 million in Canada's WestJet despite shaky Canada-US travels ...

Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from ...

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 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 ...

The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.

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% ...

Delta Air Lines is buying a 15% stake in Calgary, Canada-based WestJet for $330 million, the company announced Friday. Another Delta partner, Korean Air, is also acquiring 10% of WestJet for $220 ...

"Delta, Korean and Air France-KLM are among the world's most prominent and best-managed airlines. Onex is delighted to welcome them as shareholders in WestJet,” said Tawfiq Popatia, Co-Head of Onex ...