A trio of global airlines are set to take equity stakes in Canada carrier WestJet. The three airlines all have existing partnerships with WestJet and will strengthen this with financial backing.

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Upon closing, Delta has the right and intent to sell and transfer a 2.3% stake in WestJet to its Joint Venture partner Air France-KLM, also an existing WestJet partner, in exchange for US$50 million.

SINGAPORE – Delta Air Lines and Korean Air Lines will spend US$550 million (S$714 million) acquiring a stake in Canadian carrier WestJet, adding to the broader consolidation among airlines globally.

US legacy carrier Delta Air Lines has agreed to pay $330 million to acquire a 15% stake in Canadian airline WestJet. This marks the latest development in the SkyTeam member's ongoing partnership ...

American Delta Air Lines Inc. and South Korea's Korean Air Lines Co., Ltd. have entered into an agreement to acquire a 25% stake in the Canadian airline WestJet from Onex Partners Group and ...

Now that Delta Air Lines and Korean Air have opted to take stakes in WestJet, Delta’s influence as a major investor in airlines worldwide continues to grow. But the lingering question is what ...

Fresh off tightening ties with Delta Air Lines and Korean Air ... Delta would sell part of its stake in WestJet to Air France-KLM. Air France, Delta and Korean are all members of SkyTeam, while ...

A speech by WestJet CEO Alexis von Hoensbroech is reigniting the conversation about air travel costs in Canada — a ...

Korean Air and Delta Air Lines will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian airline from Onex Partners, the upper middle ...

Delta Air Lines and Korean Air will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian airline from Onex Partners, the upper ...