Korean Air Closes WestJet Investment Deal

westjet jet taking off
Credit: Robin Guess/Alamy Stock Photo
Korean Air has finalized its deal to purchase an 11% share in WestJet’s parent companies, joining its alliance partner Delta Air Lines in acquiring a stake in the Canadian LCC. Korean Air announced that it will invest $217 million to acquire the 11.02% share in WestJet from Kestrel Topco Inc. and...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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