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Delta and Korean Air announces a $550 million investment in WestJet to strengthen global partnerships. Delta plans to transfer part of its WestJet stake to joint venture partner Air France-KLM ...
In recent years, Delta has made equity investments with several international partners, including Air France-KLM, LATAM, Aeromexico, Virgin Atlantic, China Eastern and Korean Air's parent company ...
Delta has made several investments into Air France-KM, LATAM, Virgin Atlantic and even Korean Air’s parent company, Hanjin KAL, among other airlines, in recent years. "These investments, and 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 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 ...
Following the closing, Delta (DAL) has the right and intent to sell and transfer a 2.3% stake in WestJet to joint venture partner Air France-KLM for $50 million.
Delta Air Lines and Korean Air have agreed to acquire equity stakes in WestJet that will total 25 percent of the Canadian carrier, Delta and Korean announced Friday. The Onex Group will continue to ...
Delta Air Lines DAL -0.09% and Korean Air 003490 -0.95% Lines said they will take stakes in Canadian airline WestJet in deals valued at $550 million. The airlines said Friday that the agreement ...
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.
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