Delta, Korean Air, and Air France Take Stakes in WestJet
The three carriers now hold a combined 25% of the Canadian airline.
The three carriers now hold a combined 25% of the Canadian airline.
Korean Air has agreed to purchase 103 new Boeing aircraft, the largest order ever for the airline and Boeing’s largest widebody order from an Asian carrier.
South Korean regulators have imposed a total of $2.6 million in fines on three airlines for breaking rules related to aircraft safety and maintenance.
Delta and Korean Air have announced plans to strengthen their partnerships with Canadian carrier WestJet through equity investments totaling 25%.
Earlier this week, South Korean flag carrier Korean Air revealed a new livery and corporate identity that will debut throughout the company.
The flag carrier announced the acquisition in November 2020. Korean Air will invest 1.5 trillion won ($1.07 billion) to acquire a 63.88% stake in Asiana Airlines.
In the wake of stiff competition, some Korean carriers have rolled out new pet-related amenities to entice interested passengers.
Korean Air’s new route to Lisbon will be the airport’s first regularly scheduled flight to East Asia, starting in September 2024.
As it prepares for a merger with Asiana, Korean Air will sign a contract to purchase 33 A350 family aircraft from Airbus, valued at $13.7 billion.
Korean Air, South Korea’s flag carrier, is in the works to order 20 Airbus A350 jets from Airbus, according to a recent Bloomberg report.