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 ...

"Delta, Korean and Air France-KLM are among the world's most prominent and best-managed airlines. Onex is delighted to welcome them as shareholders in WestJet," said Tawfiq Popatia, Co-Head of ...

Delta Air Lines and Korean Air are acquiring independent equity stakes in Canadian airline WestJet, amounting to a combined 25 percent ownership for $550 million. Delta will invest $330 million into ...

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

and Korean Air announced on Friday that they will be purchasing minority stakes worth a combined $550 million in Canadian carrier WestJet. This strategic move has Delta acquiring a 15% interest ...

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.

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.