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

Airlines including United Airlines and Korean Air re-routed or cancelled flights and about a dozen Indian airports were shut ...

Delta Air Lines and Korean Air will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian airline from Onex Partners, the upper middle ...

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 ...

CALGARY - Onex Corp. is selling minority stakes in WestJet to Delta Air Lines and Korean Air for a total of US$550 million.

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

Industry experts say Friday's announcement could be a sign that Onex Corp. is looking to get out of the airline business ...

The chief executive of Korean Air, one of the world’s top airlines, has a stark warning about the impact of US President ...

Delta Air Lines and Korean Air Lines said they will buy independent equity stakes worth $550 million in Canadian airline WestJet from Onex Partners. U.S. carrier Delta will spend $330 million and ...

The 25% stake is being sold by Onex Partners and affiliated funds and co-investors of the group. The Onex group will continue to own and control WestJet ...