Delta Air Lines is buying a 15% stake in Calgary, Canada-based WestJet for $330 million, the company announced Friday. Another Delta partner, Korean Air, is also acquiring 10% of WestJet for $220 ...

Delta plans to transfer part of its WestJet stake to joint venture partner Air France-KLM, pending approvals. Get access to the leaderboards pointing to tomorrow’s biggest stock movers.

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.

Delta Air Lines and Korean Air have invested $550 million in Canada's WestJet for equity stakes. The investment comes at an uncertain time for Canada-US travel due to Trump's policies.

Delta Air Lines and Korean Air are acquiring independent equity stakes in Canadian airline WestJet, amounting to a combined 25 percent ownership for $550 million. Delta will invest $330 million into ...

VANCOUVER, April 27 (Reuters) - Delta Air Lines said on Tuesday it is in talks with WestJet Airlines Ltd on an alliance but that no deal has been reached.

WestJet and Atlanta-based Delta have had a code-share marketing partnership since 2012, and have agreed to a preliminary memorandum of understanding for a joint venture.

Last February, WestJet, Canada's No.2 airline, and Delta, the second biggest carrier in the United States, announced an interline agreement that allowed customers to purchase connecting flights on ...

Delta and WestJet have been partners since February 2011, providing an expanded global network and seamless travel options for customers on both sides of the U.S. - Canada border.