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Delta and Korean Air Invest $550M in WestJet

5/10/2025

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Summary

Story summary

Delta Air Lines and Korean Air are set to invest a total of $550 million for a 25% stake in WestJet, strengthening their global reach. Delta will also sell a 2.3% share to Air France-KLM after the deal. Meanwhile, Onex Partners will maintain its majority ownership, ensuring WestJet's continued growth and enhanced customer experience.

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Story summary

Delta Air Lines and Korean Air are set to invest a total of $550 million for a 25% stake in WestJet, strengthening their global reach. Delta will also sell a 2.3% share to Air France-KLM after the deal. Meanwhile, Onex Partners will maintain its majority ownership, ensuring WestJet's continued growth and enhanced customer experience.