Delta Air Lines and Korean Air have solidified their collaboration with WestJet by acquiring minority shares in the Canadian airline from Onex Partners. Delta is set to invest $330 million for a 15% stake, while Korean Air will put in $220 million for a 10% ownership. In addition, Delta intends to transfer a 2.3% share to Air France-KLM. These investments are aimed at elevating customer experiences across North America, Europe, and Asia, showcasing a strategic move in the airline industry towards seamless global travel services. Delta’s customer-centric approach and innovation align well with Korean Air’s focus on bolstering transpacific connections. This partnership underscores both airlines’ dedication to enhancing customer value and expanding their global presence. The CEO of WestJet views these investments as a vote of confidence in their performance and team, pointing towards a promising outlook for industry growth.
Source: Delta News – https://news.delta.com