Korean Air Takes 10% Stake in WestJet Parent to Expand North American Footprint

SEOUL, Oct. 23 (Korea Bizwire) — Korean Air Co. said Thursday it has completed a $217 million investment in the parent companies of WestJet Airlines Ltd., Canada’s second-largest carrier, as part of a broader push to strengthen its network and partnerships across North America. The deal gives Korean Air a 10% equity stake in Kestrel Topco [...]