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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.
Daily Memo: What’s Next For WestJet After Its Airline Partners Become Investors? is published in Aviation Daily, an Aviation ...
Delta Air Lines and Korean Air will take equity stakes of a combined 25% in WestJet, worth $550 million. Delta will take 15% ...
Delta Air Lines and Korean Air have both acquired minority shares in Canadian carrier WestJet, with Air France-KLM also set ...
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 ...
Korean Air and Delta Air Lines will strengthen their respective partnerships with WestJet through the purchase of minority ...
Delta Air Lines and Korean Air will acquire a combined minority stake of 25% in WestJet (WS, Calgary) from ONEX Group for a ...
Delta will buy a 15% minority interest while Korean Air will take a 10% stake. Read more at straitstimes.com. Read more at ...
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 plan to acquire 25% of Canadian discount carrier WestJet, and Delta intends to sell 2.5% share ...
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