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Delta, Korean Air taking minority stakes in WestJet
Delta Air Lines and Korean Air will take equity stakes of a combined 25% in WestJet, worth $550 million. Delta will take 15% and KAL 10%. After the deal closes, Delta plans to transfer and sell a 2.3% stake to its joint venture partner Air France-KLM, which also has an existing partnership with WestJet.
Delta Air Lines and Korean Air plan to acquire 25% of Canadian discount carrier WestJet, and Delta intends to sell 2.5% share ...
Though WestJet crew did not promote the Starlink inflight Wi-Fi on my flight, the superfast service was available and ...
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