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 Delta completes 20% buy of LATAM
September 30, 2022

Delta completes 20% buy of LATAM

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Delta has accomplished its buy of a 20% fairness stake in LATAM Airways Group. The USD 1.9 billion acquisition comes pursuant to the partnership the carriers introduced in September.

“Fairness investments like this assist create alignment inside our partnerships as we convey collectively our manufacturers, enabling us to supply the perfect service and reliability for our shared prospects,” mentioned Steve Sear, president of worldwide at Delta.

The carriers plan to start code sharing throughout the first quarter of 2020 on as much as 51 onward LATAM locations in South America from Colombia, Ecuador and Peru and on as much as 74 onward Delta locations within the US from Miami, New York, Los Angeles and Orlando.

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