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Delta and Korean Air acquire a 25% stake in WestJet for $550M, boosting transpacific ties.
Delta Air Lines and Korean Air are acquiring a combined 25% stake in Canada's WestJet for $550 million, enhancing their partnerships and improving transpacific connections.
Delta will hold a 12.7% stake after selling a 2.3% share to Air France-KLM for $50 million.
The deal, expected to close on July 9, 2025, is subject to regulatory approvals and aims to strengthen cooperation between North America, Europe, and Asia.
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Delta y Korean Air adquieren una participación del 25% en WestJet por $550 millones, impulsando los lazos transpacíficos.