Delta Air Lines and Korean Air are investing a combined $550 million in Canada's WestJet despite shaky Canada-US travels ...

Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from ...

The investment comes at a shaky moment for travel between Canada and the U.S., with Canadians taking fewer trips to the U.S.

Delta will buy a 15% minority interest while Korean Air will take a 10% stake. Read more at straitstimes.com. Read more at ...

Delta, Korean Air to strengthen partnerships with WestJet Delta and Korean to acquire independent equity stakes totaling 25% in WestJet for US$550 million from Onex Partners and its affiliated funds ...

Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the ...

Under the deal, Delta will buy a 15 per cent minority interest for US$330 million while Korean Air will pay US$220 million ...

Under the terms of the agreement, Delta ( NYSE: DAL) and Korean will acquire independent equity stakes totaling 25% in ...

Onex Corp. has sold a minority stake in WestJet to Delta Air Lines and Korean Air in a US$550-million deal that aims to ...

The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.

Delta and Korean Air will each purchase minority stakes in WestJet, totaling $550 million, to strengthen their partnerships ...