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-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 ...
Once the deal is complete, Delta has plans to sell and transfer a 2.3 percent stake in WestJet to Air France-KLM, its Joint Venture partner, in exchange for $50 million. WestJet is owned by Onex Group ...
Delta plans to acquire a 15% stake in WestJet from Onex Partners and sell 2.3% to Air France-KLM; Korean Air also intends to acquire a 10% stake in WestJet.
Delta Air Lines and Korean Air are investing a combined $550 million in Canada's WestJet despite shaky Canada-US travels under Trump's tariffs.
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.
Delta and Korean to acquire independent equity stakes totaling 25% in WestJet for US$550 million from Onex Partners and its affiliated funds and co-investors (the "Onex Group")Agreement will ...
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