Delta, Korean Buy 25 Percent Of WestJet

Tom, I agree that Canada’s approval is likely a given, with Onex maintaining majority control. But the U.S. side is a different story. Given the current political climate, I wouldn’t be surprised if American, United, and other U.S. carriers push back. They won’t want Delta and Korean grabbing a bigger share of the transborder market without a fight. The DOT has already made this clear back in 2020, Delta and WestJet had to scrap their joint venture after being told to give up LaGuardia slots and drop Swoop. They walked away, calling the demands unreasonable.