Delta Powers Past American With Purchase Of 20% LATAM Stake

Credit: joepriesaviation.net
With Delta Air Lines’ agreement to acquire a 20% stake in LATAM Airlines Group, the two companies secured a strategic victory at the expense of American Airlines, Brazil’s Gol and the Oneworld alliance. The transaction, announced by the two companies Sept. 26, is transformative for air transport...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.