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News

Delta, WestJet and Korean Air

Insider on MSN · 2d
Delta and Korean Air buy stake in WestJet in $550 million deal amid shaky Canada-US travel
Delta Air Lines and Korean Air are investing a combined $550 million in Canada's WestJet despite shaky Canada-US travels under Trump's tariffs.
Reuters on MSN · 3d
Delta, Korean Air to Buy 25% Stake in Canada's WestJet
Delta will invest $330 million for a 15% stake and Korean Air will inject $220 million for a 10% interest. The U.S. airline also plans to sell and transfer a 2.3% stake in WestJet to its joint venture partner, Air France-KLM, for $50 million.
AeroTime · 1d
Delta and Korean Air invest in WestJet with Air France-KLM also set to benefit
Delta Air Lines and Korean Air have both acquired minority shares in Canadian carrier WestJet, with Air France-KLM also set to benefit from the investment.
Wealth Professional
10h
WestJet ownership restructured in $550M Onex deal
Onex CEO Bobby Le Blanc said that the deal closed at more than a 25% premium to the firm's current net asset value in the ...
3d
Delta, Korean Air to buy 25% stake in WestJet from Onex
Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the ...
ch-aviation
10h
Delta and Korean Air to buy 25% stake in Canada's WestJet
Delta Air Lines and Korean Air will acquire a combined minority stake of 25% in WestJet (WS, Calgary) from ONEX Group for a ...

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