06:40 AM EDT, 05/09/2025 (MT Newswires) -- Delta Air Lines ( DAL ) and Korean Air said Friday that they will acquire a combined 25% equity stake in Canadian carrier WestJet from Onex Partners.

The companies said Delta will invest $330 million for a 15% stake, while Korean Air will pay $220 million for 10%.

Delta also plans to sell a 2.3% stake to Air France-KLM for $50 million, the companies said, adding the move would strengthen their long-standing partnerships.

The deal is subject to regulatory approval.