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A speech by WestJet CEO Alexis von Hoensbroech is reigniting the conversation about air travel costs in Canada — a ...
WestJet already counts itself a code-share partner with Delta, Korean and Air France ... allows Onex to recoup the balance of its equity investment in the carrier while retaining a 75 per ...
Indeed, following a major investment from Delta Air Lines and Korean Air last week that saw the two SkyTeam members acquire ...
Detailed price information for Delta Air Lines Inc (DAL-N) from The Globe and Mail including charting and trades.
Now that Delta Air Lines and Korean Air have opted to take stakes in WestJet, Delta’s influence ... is what’s the endgame for the $550 million investment? It could be a defensive move.
“We are pleased to invest in WestJet as part of our continued ... It is the latest equity investment of an airline by Delta which has taken minority stakes in both the other two airlines as ...
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.
SINGAPORE – Delta Air Lines and Korean Air Lines will spend US$550 million (S$714 million) acquiring a stake in Canadian carrier WestJet, adding to the broader consolidation among airlines globally.
Delta Air Lines and Korean Air have both acquired minority shares in Canadian carrier WestJet, with Air France-KLM also set to benefit from the investment. The two global carriers, who have a ...
Delta and Korean have been codeshare partners with WestJet since February 2011 and June 2012 respectively, and it is expected that the investment will enhance the relationships even further. Speaking ...
(SkyTeam members Delta and Korean Air have since announced independent equity stakes totaling a 25% investment in WestJet, and plan to further strengthen their partnership with the Canadian airline.) ...
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