---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-003307"
form_type: "8-K"
ticker: "DAL"
cik: "0000027904"
company_name: "DELTA AIR LINES, INC."
filed_at: "2025-05-09T23:59:59+00:00"
generated_at: "2026-05-22T02:30:49.857580+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Delta, Korean Air to acquire 25% stake in WestJet for $550M from Onex Partners

## Summary
- Delta invests $330M for 15% stake; Korean Air invests $220M for 10% stake in WestJet.
- Delta intends to sell 2.3% to Air France-KLM for $50M, subject to approvals.
- Transaction from Onex Partners; Onex Group retains control of WestJet.
- Deal subject to regulatory approvals; existing codeshares expanded.
- Partnership aims to enhance connectivity across North America, Europe, and Asia.

## SEC filing metadata
- accession: 0001683168-25-003307
- form_type: 8-K
- ticker: DAL
- cik: 0000027904
- company_name: DELTA AIR LINES, INC.
- filed_at: 2025-05-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/27904/000168316825003307/0001683168-25-003307-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/27904/000168316825003307/delta_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-003307
- JSON: https://secwatch.observer/filing/0001683168-25-003307.json
- Plain text: https://secwatch.observer/filing/0001683168-25-003307.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.