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Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from private equity firm Onex Corp , the U.S. carrier said on Friday.
The investment comes at a shaky moment for travel between Canada and the U.S., with Canadians taking fewer trips to the U.S.
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Delta Is Buying 15% Of Canada's WestJet For $330 MillionUS legacy carrier Delta Air Lines has agreed to pay $330 million to acquire a 15% stake in WestJet. This marks the latest development in the Atlanta-based SkyTeam founding member's ongoing ...
CALGARY, AB, May 9, 2025 /PRNewswire/ - Delta Air Lines and Korean Air will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian ...
Delta Air Lines and Canadian carrier WestJet announced plans Wednesday for a joint-venture partnership that would allow them to coordinate flights and fares between the USA and Canada.
Delta will buy a minority stake in WestJet, the second-largest airline in Canada and a long-time ally of the Atlanta-based carrier. 2025 Women of Influence Awards Do you know an Atlanta woman who ...
With South of the American border covered, now Delta is looking North. A stake in Westjet may very well be a possibility for Delta as it seeks to gain a greater foothold in the Canadian market.
Delta and Korean to acquire independent equity stakes totaling 25% in WestJet for US$550 million from Onex Partners and its affiliated funds and co-investors (the “Onex Group”) Agreement will ...
Delta Air Lines and Canadian carrier WestJet have withdrawn their application for antitrust immunity for a joint venture between the two carriers on flights between the U.S. and Canada.
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