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The investment comes at a shaky moment for travel between Canada and the U.S., with Canadians taking fewer trips to the U.S.
May 9 (Reuters) - Delta Air Lines (DAL.N), opens new tab and Korean Air Lines (003490.KS), opens new tab will acquire an ...
Delta Air Lines and Korean Air are investing a combined $550 million in Canada's WestJet despite shaky Canada-US travels ...
Under the terms of the agreement, Delta ( NYSE: DAL) and Korean will acquire independent equity stakes totaling 25% in ...
Delta Air Lines and Korean Air have both acquired minority shares in Canadian carrier WestJet, with Air France-KLM also set ...
Korean Air and Delta Air Lines will strengthen their respective partnerships with WestJet through the purchase of minority ...
Delta will buy a 15% minority interest while Korean Air will take a 10% stake. Read more at straitstimes.com. Read more at ...
Under the deal, Delta will buy a 15 per cent minority interest for US$330 million while Korean Air will pay US$220 million ...
The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.
Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the ...
Daily Memo: What’s Next For WestJet After Its Airline Partners Become Investors? is published in Aviation Daily, an Aviation ...
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