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US legacy carrier Delta Air Lines has agreed to pay $330 million to acquire a 15% stake in Canadian airline WestJet. This ...
Delta Air Lines and Korean Air are investing in WestJet, deepening global airline partnerships and expanding their ...
Delta Air Lines and Korean Air have both acquired minority shares in Canadian carrier WestJet, with Air France-KLM also set ...
Daily Memo: What’s Next For WestJet After Its Airline Partners Become Investors? is published in Aviation Daily, an Aviation ...
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 take equity stakes of a combined 25% in WestJet, worth $550 million. Delta will take 15% ...
Korean Air and Delta Air Lines will strengthen their respective partnerships with WestJet by buying stakes in the airline ...
Once the deal closes, officials said, Delta has the right and intent to sell and transfer a 2.3 percent stake in WestJet to ...
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 ...
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.
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