Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from private equity firm Onex Corp , the U.S. carrier said on Friday.

The investment comes at a shaky moment for travel between Canada and the U.S., with Canadians taking fewer trips to the U.S.

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

Delta Air Lines and Korean Air Lines said they will buy independent equity stakes worth $550 million in Canadian airline WestJet from Onex Partners. U.S. carrier Delta will spend $330 million and ...

“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 ...

Delta Air Lines and Korean Air are acquiring independent equity stakes in Canadian airline WestJet, amounting to a combined 25 percent ownership for $550 million. Delta will invest $330 million into ...

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 ...

Delta Air Lines and Korean Air Lines said they will take stakes in Canadian airline WestJet in deals valued at $550 million. The airlines said Friday that the agreement will strengthen ...