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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 and WestJet are touting the expansion prospects of their proposed joint venture, promising at least 20% growth and six new routes in the market if approved.
Delta Air Lines and Canadian carrier WestJet have withdrawn their application for antitrust immunity for a joint venture between the two carriers on flights between the U.S. and Canada.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 ...
Canadian LCC WestJet will refile its application to the US Transportation Department (DOT) to be allowed to enter a joint venture (JV) with Delta Air Lines, WestJet CEO Ed Sims says.
ATLANTA and CALGARY, Dec. 6, 2017 /CNW/ - Delta Air Lines (NYSE:DAL) and WestJet (TSX: WJA) have agreed to deepen their existing partnership by entering into a comprehensive transborder joint ...
Delta and WestJet serve 63 trans-border markets, connecting 11 airports in Canada with 26 in the USA in July, FlightGlobal schedules show. Delta and WestJet's combined trans-border network, July 2018 ...
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 ...
Delta and WestJet signed a definitive agreement to create a transborder JV in July 2018, with the partnership expected to expand codesharing, align frequent flyer programs, jointly coordinate ...
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 ...
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