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News

Delta, WestJet and Korean Air

Insider on MSN · 2d
Delta and Korean Air buy stake in WestJet in $550 million deal amid shaky Canada-US travel
Delta Air Lines and Korean Air are investing a combined $550 million in Canada's WestJet despite shaky Canada-US travels under Trump's tariffs.
The Wall Street Journal on MSN · 3d
Delta, Korean Air to Buy Stakes in WestJet For $550 Million
The investment comes at a shaky moment for travel between Canada and the U.S., with Canadians taking fewer trips to the U.S.
Seeking Alpha on MSN · 3d
Delta Air Lines and Korean Air acquire a 25% stake in Canadian airline Westjet
Delta Air Lines (NYSE:DAL) and Korean Air announced on Friday that they will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian airline from Onex Partners.
Wealth Professional
12h
WestJet ownership restructured in $550M Onex deal
Onex CEO Bobby Le Blanc said that the deal closed at more than a 25% premium to the firm's current net asset value in the ...
ch-aviation
12h
Delta and Korean Air to buy 25% stake in Canada's WestJet
Delta Air Lines and Korean Air will acquire a combined minority stake of 25% in WestJet (WS, Calgary) from ONEX Group for a ...

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