Delta Air Lines and Canadian carrier WestJet have withdrawn their application for antitrust immunity for a joint venture between the two carriers on flights between the U.S. and Canada.

The Delta-WestJet joint venture would have a combined 27% share of scheduled air carrier transborder capacity, while the dominant carrier, Air Canada, would have 45%.

If Delta were to buy a stake in WestJet, it would have to buy the variable shares, (either existing or newly issued by WestJet) meaning it would never have more than 25% voting power, and possibly ...

Delta Air Lines is buying a 15% stake in Calgary, Canada-based WestJet for $330 million, the company announced Friday. Another Delta partner, Korean Air, is also acquiring 10% of WestJet for $220 ...

Upon closing, Delta has the right and intent to sell and transfer a 2.3% stake in WestJet to its Joint Venture partner Air France-KLM, also an existing WestJet partner, in exchange for US$50 million.

Delta Air Lines and WestJet are touting the expansion prospects of their proposed joint venture, promising at least 20% growth and six new routes in the market if approved.

WestJet to begin flying to world’s busiest airport on March 3. Calgary-based WestJet is a codeshare and frequent-flyer partner of Atlanta-based Delta.

Delta Air Lines and Canadian carrier WestJet announced plans Wednesday for a joint-venture partnership that would allow them to coordinate flights and fares between the USA and Canada. If it ...

Unsurprisingly, Delta and WestJet are not keen on giving up any turf at LaGuardia. In trying to discredit Southwest's argument, the pair called the government's attention to another airport.

Delta (NYSE: DAL) and WestJet contend the joint venture "will invigorate U.S.-Canada competition and deliver important benefits for air travelers and communities across the United States and ...