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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 Air Lines and Korean Air are buying a combined $550 million equity stake in Canada's WestJet.MIKE SEGAR/REUTERS Delta Air Lines and Korean Air have invested $550 million in Canada's WestJet ...
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 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 ...
Onex acquired WestJet in 2019. “Delta, Korean and Air France-KLM are among the world’s most prominent and best-managed airlines,” Tawfiq Popatia, co-head of Onex Partners, said in a statement.
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.
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 ...
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.
Apple today previewed a wide range of new accessibility features coming later this year on the iPhone, iPad, Mac, Apple Watch ...
Apple is reportedly considering a radical redesign for the 20th anniversary iPhone that could feature a completely bezel-less ...