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 Air Lines DAL3.92%increase; green up pointing triangle and Korean Air 003490 1.34%increase; green up pointing triangle Lines said they will take stakes in Canadian airline WestJet in deals ...

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 ...

Now that the airline is counting down the days to its first flight, some of that gloss and excitement has begun to wear off ...

(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.

Onex Corp. has sold a minority stake in WestJet to Delta Air Lines and Korean Air in a US$550-million deal that aims to position the Calgary-based airline for growth abroad amid intensifying ...

Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the companies announced on Friday. Under the arrangement, Delta will acquire a ...

The move will provide new competition on the 5,093-mi. (4,426-nm) route, which is served daily by Air Canada and 12 times per week by Korean Air, according to OAG Schedules Analyser data.

WestJet’s owner is selling off a 25 per cent stake to international partners, and some industry experts say it could be a sign they’re looking to get out of the airline business entirely.