WestJet has gained another powerful equity partner, Air France-KLM, in a deal that builds on the relationship with Delta Air Lines and Korean Air, positioning the Canadian carrier to strengthen its international connectivity within a wider transatlantic and transpacific network.
Under the agreement, Delta remains the lead investor with an estimated $330 million stake, while Korean Air contributed around $220 million and Air France-KLM paid approximately $50 million for its 2.3% share (purchased from Delta). The deal closed on October 22, 2025. WestJet will remain independently managed and headquartered in Calgary, Alberta.
For Air France-KLM, the stake complements its transatlantic operations by adding access to key Western Canadian markets that historically fed Air Canada’s Star Alliance network. Korean Air’s participation could also strengthen connectivity between Calgary and Asia, especially given the airline’s existing joint venture with Delta across the Pacific.
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