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Onex Corp. has sold a minority stake in WestJet to Delta Air Lines and Korean Air in a US$550-million deal that aims to position the Calgary-based airline for growth abroad amid intensifying ...

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WestJet CEO Alexis von Hoensbroech proposed several steps the federal government could take to make air travel more affordable for Canadians ...

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 ...

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 ...

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 ...

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.

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.

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 ...