Air Canada is making significant strides as it revamps its winter sun schedule, expanding its service to Latin America with new destinations.

Onex CEO Bobby Le Blanc said that the deal closed at more than a 25% premium to the firm's current net asset value in the ...

Delta Air Lines and Korean Air will acquire a combined minority stake of 25% in WestJet (WS, Calgary) from ONEX Group for a ...

Delta Air Lines and Korean Air are investing in WestJet, deepening global airline partnerships and expanding their ...

Delta Air Lines and Korean Air are each taking a stake in Canadian carrier WestJet for a total of $550 million. The two ...

Delta Air Lines and Korean Air will strengthen their respective partnerships with WestJet through the purchase of minority ...

Delta Air Lines and Korean Air have both acquired minority shares in Canadian carrier WestJet, with Air France-KLM also set ...

Delta and Korean Air are to acquire independent equity stakes totalling 25% in WestJet for a total of $550 million. The bold move will see Delta invest $330 million for a 15% stake in the airline, and ...

Delta Air Lines and Korean Air are investing a combined $550 million in Canada's WestJet despite shaky Canada-US travels ...

The investment comes at a shaky moment for travel between Canada and the U.S., with Canadians taking fewer trips to the U.S.

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

Onex Corp. has sold a minority stake in WestJet to Delta Air Lines and Korean Air in a US$550-million deal that aims to ...