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WestJet is getting a major boost from international investors. Delta Air Lines and Korean Air have purchased a combined 25% stake in the Calgary-based airline, while majority ownership stays with Canadian firm Onex. The move comes during what WestJet calls a transition year. Demand for U.S. routes has declined due to trade tensions and economic uncertainty, prompting the airline to reduce some transborder flights. Meanwhile, travel to Europe and the Caribbean remains strong. The new investment is expected to strengthen WestJet’s global partnerships and support future expansion.
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