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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 and ...

Delta, Korean Air land ownership stake in Calgary-based WestJet Airlines Posted: May 10, 2025 | Last updated: May 10, 2025 Onex is selling a 25 per cent stake in WestJet to two of the world’s ...

WestJet already counts itself a code-share partner with Delta, Korean and Air France — three of the world's largest carriers. But it is not plugged into any airline alliance, including the 18 ...

WestJet passenger jets parked at departure gates at the Calgary International Airport on Wednesday, May 31, 2023.THE CANADIAN PRESS/Jeff McIntosh Onex Corp. has sold a minority stake in WestJet to ...

CALGARY, AB, May 9, 2025 /CNW/ - Delta Air Lines and Korean Air will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian airline ...

Share this story... Onex Corp. is selling minority stakes in WestJet Airlines to Korean Air and Delta Air Lines for a total of US$550 million. Under the deals Korean Air will buy a 10 per cent ...

Delta Air Lines and Korean Air Lines said they will buy independent equity stakes worth $550 million in Canadian airline WestJet from Onex Partners. U.S. carrier Delta will spend $330 million and ...

This separate transaction would remain subject to certain Air France-KLM approvals. The Onex Group will continue to own and control Calgary, Alberta-based WestJet. Delta and Korean have each been ...

Delta will be investing US$330 million and acquiring a 15% stake, and Korean will invest US$220 million in exchange for a 10% stake. Upon closing, Delta has the right and intent to sell and transfer a ...

(Reuters) -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.