Zinger Key Points Delta and Korean Air announces a $550 million investment in WestJet to strengthen global partnerships. Delta plans to transfer part of its WestJet stake to joint venture partner ...

Delta Air Lines is expanding its reach from Los Angeles International Airport (LAX) with two new nonstop routes: daily ...

In recent years, Delta has made equity investments with several international partners, including Air France-KLM, LATAM, Aeromexico, Virgin Atlantic, China Eastern and Korean Air's parent company ...

Delta is expanding from Los Angeles International Airport (LAX) with two new nonstop routes: to Hong Kong (HKG) and Chicago O ...

Delta's return to the Los Angeles to Hong Kong market comes after an eight-year absence on the route, and will strengthen the ...

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 has made several investments into Air France-KM, LATAM, Virgin Atlantic and even Korean Air’s parent company, Hanjin KAL, among other airlines, in recent years. "These investments, and the ...

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 will be investing US$330 million and acquiring a 15% stake, and Korean will invest US$220 million in exchange for a 10% stake.

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.