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Delta Air Lines, Korean Air to Acquire Combined 25% Stake in WestJet

by Robert Van Pash (Editor)
May 13, 2025
in Korean Air
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Delta Air Lines and Korean Air are deepening their ties with WestJet by acquiring minority equity stakes in the Canadian airline.

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The deal, valued at US$550 million, involves purchasing a combined 25% stake from Onex Partners. This is a Canadian private equity firm which, along with its affiliated funds and co-investors, is known as the Onex Group.

This strategic move aims to align the airlines’ interests, and improve customer benefits. It also seeks to improve connectivity…

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