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Delta Air Lines and Korean Air are investing a combined $550 million in Canada's WestJet despite shaky Canada-US travels ...
The investment comes at a shaky moment for travel between Canada and the U.S., with Canadians taking fewer trips to the U.S.
Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from ...
Under the terms of the agreement, Delta ( NYSE: DAL) and Korean will acquire independent equity stakes totaling 25% in ...
Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the ...
The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.
Under the deal, Delta will buy a 15 per cent minority interest for US$330 million while Korean Air will pay US$220 million ...
Onex is selling a 25 per cent stake in WestJet to two of the world’s largest airlines for $550 million US. The equity firm ...
Delta Airlines and Korean Air are buying a minority stake in Calgary-based Westjet from Onex Corp. for $550 million U.S.
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TravelPulse on MSNDelta, Korean Air to Acquire 25 Percent Stake in WestJetDelta Air Lines and Korean Air are acquiring independent equity stakes in Canadian airline WestJet, amounting to a combined ...
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