Delta Airlines Completes Purchase Deal

Delta Air Lines has completed its purchase of a 20% stake in LATAM, culminating in an aviation 2019 deal.

LATAM is a member of Oneworld and an associate of Delta’s arch-rival, American Airlines.

The deal is putting that relationship in jeopardy.

The Delta/LATAM deal was part of a wider strategy by Delta Air Lines to make equity investments in key airlines around the world.

Yvad Billings, Readers Bureau, Fellow

Edited by Jesus Chan

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