Delta Air Lines and Korean Air are investing a combined $550 million in Canada's WestJet despite shaky Canada-US travels ...

Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from ...

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

Delta will buy a 15% minority interest while Korean Air will take a 10% stake. Read more at straitstimes.com. Read more at ...

Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the ...

Delta, Korean Air to strengthen partnerships with WestJet Delta and Korean to acquire independent equity stakes totaling 25% in WestJet for US$550 million from Onex Partners and its affiliated funds ...

Under the terms of the agreement, Delta ( NYSE: DAL) and Korean will acquire independent equity stakes totaling 25% in ...

The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.

Under the deal, Delta will buy a 15 per cent minority interest for US$330 million while Korean Air will pay US$220 million ...

Delta and Korean Air will each purchase minority stakes in WestJet, totaling $550 million, to strengthen their partnerships ...

Delta Airlines and Korean Air are buying a minority stake in Calgary-based Westjet from Onex Corp. for $550 million U.S.