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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 ...
In addition to cancelling certain Canadian flights, Delta has paused service from New York-JFK and Tel Aviv. The decision is ...
Delta Air Lines Inc. DAL and Korean Air announced on Friday that they will be purchasing minority stakes worth a combined $550 million in Canadian carrier WestJet. This strategic move has Delta ...
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 will invest $330 million into its 15 percent stake in WestJet, while Korean Air is investing $220 million into its 10 percent stake. The acquisition is subject to regulatory approval. Once the ...
Delta Air Lines and Korean Air have invested $550 million in Canada's WestJet for equity stakes. The investment comes at an uncertain time for Canada-US travel due to Trump's policies.
Delta Air Lines (NYSE:DAL) and Korean Air announced on Friday that they will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian ...
Now that Delta Air Lines and Korean Air have opted to take stakes in WestJet, Delta’s influence as a major investor in airlines worldwide continues to grow. But the lingering question is what ...