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A speech by WestJet CEO Alexis von Hoensbroech is reigniting the conversation about air travel costs in Canada — a ...
This separate transaction would remain subject to certain Air France-KLM approvals. The Onex Group will continue to own and control Calgary, Alberta-based WestJet. Delta and Korean have each been ...
CALGARY, AB, May 9, 2025 /CNW/ - Delta Air Lines and Korean Air will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian airline ...
Under the deal, Delta will buy a 15 per cent minority interest for US$330 million while Korean Air will pay US$220 million for a 10 per cent stake. Delta will also have the right to sell and transfer ...
Delta Airlines and Korean Air are buying a minority stake in Calgary-based Westjet from Onex Corp. for $550 million U.S.
“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 ...
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. Delta and ...