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Delta, Korean Air Invest $550 Million In WestJet To Boost Global Airline Power

Upworthy Friday, 9 May 2025 ()
Delta Air Lines Inc. (NYSE:DAL) and Korean Air announced on Friday that they will be purchasing minority stakes worth a combined $550 million in Canadian carrier WestJet. This strategic move has Delta acquiring a 15% interest for $330 million, while Korean Air secures a 10% share for $220 million,…
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Onex recoups its investment in WestJet with sale of 25% stake to foreign airlines

 Onex Corp. has sold a 25 per cent stake in WestJet to a consortium of global airlines including Delta Air Lines and Korean Air for US$550-million, a transaction...
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