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News

WestJet, Korean Air and Delta

TravelMole · 26m
Delta, Korean Air taking minority stakes in WestJet
Delta Air Lines and Korean Air will take equity stakes of a combined 25% in WestJet, worth $550 million. Delta will take 15% and KAL 10%. After the deal closes, Delta plans to transfer and sell a 2.3% stake to its joint venture partner Air France-KLM, which also has an existing partnership with WestJet.
CBC.ca · 2d
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 companies announced on Friday.
The Wall Street Journal on MSN · 2d
Delta, Korean Air to Buy Stakes in WestJet For $550 Million
The investment comes at a shaky moment for travel between Canada and the U.S., with Canadians taking fewer trips to the U.S.
Runway Girl Network
1d
WestJet rolls out superfast Starlink with little fanfare
Though WestJet crew did not promote the Starlink inflight Wi-Fi on my flight, the superfast service was available and ...
FlightGlobal
2d
SkyTeam partners poised to acquire 25% of Canada's WestJet
Delta Air Lines and Korean Air plan to acquire 25% of Canadian discount carrier WestJet, and Delta intends to sell 2.5% share ...

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