Tourexpi
Delta and Korean Air Strengthen Partnerships with WestJet
Delta
will invest $330 million for a 15% stake, while Korean Air will acquire a 10%
stake for $220 million, purchasing shares from Onex Partners and its affiliated
funds.
The
move is aimed at enhancing connectivity between Canada, North America, Europe,
and Asia, while also providing more seamless travel options for customers.
Delta plans to transfer a 2.3% stake to its Joint Venture partner Air
France-KLM for $50 million, pending approvals.
Delta
CEO Ed Bastian emphasized the strategic alignment, saying the investment
ensures a world-class global network. Korean Air CEO Walter Cho highlighted the
partnership’s potential to enhance transpacific connectivity and customer
value.
WestJet
CEO Alexis von Hoensbroech welcomed the investment as a testament to the
airline's performance during challenging times. The partnership, which builds
on longstanding codeshare agreements, is expected to deliver broader benefits
for international travelers.
The
transaction, advised by Barclays, remains subject to regulatory approval.
Image
Credit: © Delta Air Lines
The most interesting news
Read the News
Hapag-Lloyd Cruises launches Amazon season 2026 with expeditions to Iquitos
Expedition ships sail deep into the rainforest along one of the world’s most demanding river routes
Read the News
Lufthansa Group adds extra flights amid rising long-haul demand
Additional services planned especially for Asia and Africa
Read the News
The Ritz-Carlton Yacht Collection unveils Winter 2027–2028 voyages
More than 60 sailings across Asia-Pacific, the Caribbean and the South Pacific
Read the News
Lufthansa operates majority of flights despite pilot strike
Airline maintains more than half of its scheduled programme and 60 percent of long-haul services
Read the News
Ryanair launches Summer 2026 schedule for Germany
Airline restores 300,000 seats and introduces 14 new routes despite cuts at high-cost airports
Read the News
WTTC warns Iran conflict is costing travel sector at least US$600 million daily
Disruptions to air travel and traveller confidence are affecting tourism demand across the Middle East
Read the News
Ryanair Announces Record Summer 2026 Schedule from Wrocław
50 routes including four new destinations and expected three million passengers annually
Read the News
Seabourn launches ‘Denali Experience’ to extend Alaska cruises
New land programme offers immersive exploration of Denali National Park before select voyages in 2027 and 2028
Read the News
Agoda Reports Rising Holi Travel Interest in India
Jaipur, Udaipur and other cultural destinations see strong growth in accommodation searches
Read the News
Marriott to bring St. Regis brand to Kapalua Bay resort in Hawai‘i
Luxury oceanfront property on Maui is set to join the St. Regis portfolio following renovation in 2027
Read the News
Celebrity Cruises expands river travel with immersive destination experiences
New discovery programme introduces four curated formats across European river itineraries
Read the News
Vicuna Air launches new in-cabin service for pets travelling alone
“Biscuit Class” allows pets to fly internationally in the cabin of private jets without their owners
Read the News
InterContinental returns to Manila with new luxury hotel planned for 2032
IHG brings its flagship brand back to the Philippine capital with a 212-room property in Bonifacio Global City
Read the News
Agoda Reveals Top Hari Raya Travel Destinations for 2026
Accommodation search data shows Bali, Yogyakarta and Bandung leading holiday travel plans across Southeast Asia
Read the News
TAT Promotes Southern Thailand Recovery with International Mega FAM Trip
Influencers from seven Asia-Pacific markets explore tailored routes to rebuild confidence in travel to Southern Thailand
Read the News
Strike at Berlin Airport to disrupt travel in Germany this week
Air and public transport strikes expected to cause cancellations, delays and difficult airport access
Read the News
GOL launches first direct flights from Rio to Europe
New non-stop connections to Lisbon and Paris mark airline’s long-haul debut
Read the News
ITB India 2026 to Take Place from 1–3 September in Mumbai
Three-day B2B trade show will bring together global travel professionals and industry leaders
Read the News
Delta launches interactive campaign for Euro Summer 2026
New digital platform helps travelers discover and plan their ideal European getaway
Read the News
Lufthansa: Allegris Business Class seats on Boeing 787-9 receive certification
New Lufthansa cabin now available on multiple long-haul routes from Frankfurt
Read the News
Hereu confirms strong momentum in Spanish private shipyards with over €3 billion in orders
Meeting with PYMAR highlights growth, employment gains and strategic role of the sector
