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Delta Air Lines and Canadian carrier WestJet have withdrawn their application for antitrust immunity for a joint venture between the two carriers on flights between the U.S. and Canada. They made ...
CALGARY and ATLANTA, June 27, 2019 /CNW/ - WestJet (TSX:WJA) and Delta Air Lines (NYSE:DAL) today announced that their proposed U.S. – Canada transborder joint venture has received clearance ...
Delta (NYSE: DAL) and WestJet contend the joint venture "will invigorate U.S.-Canada competition and deliver important benefits for air travelers and communities across the United States and ...
The Delta-WestJet joint venture would have a combined 27% share of scheduled air carrier transborder capacity, while the dominant carrier, Air Canada, would have 45%.
If Delta were to buy a stake in WestJet, it would have to buy the variable shares, (either existing or newly issued by WestJet) meaning it would never have more than 25% voting power, and possibly ...
Upon closing, Delta has the right and intent to sell and transfer a 2.3% stake in WestJet to its Joint Venture partner Air France-KLM, also an existing WestJet partner, in exchange for US$50 million.
Delta Air Lines is buying a 15% stake in Calgary, Canada-based WestJet for $330 million, the company announced Friday. Another Delta partner, Korean Air, is also acquiring 10% of WestJet for $220 ...
While Southwest is still predicting a late 2010 start to its code-sharing deals with WestJet and Mexican carrier Volaris, Saretsky said WestJet has been talking with Delta. Said the Financial Post: ...
VANCOUVER, April 27 (Reuters) - Delta Air Lines said on Tuesday it is in talks with WestJet Airlines Ltd on an alliance but that no deal has been reached.
Delta Air Lines and Canadian carrier WestJet announced plans Wednesday for a joint-venture partnership that would allow them to coordinate flights and fares between the USA and Canada. If it ...