Delta is buying 20% of LATAM, Latin America's largest airline

Australia News News

Delta is buying 20% of LATAM, Latin America's largest airline
Australia Latest News,Australia Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Delta Air Lines is buying a 20% stake in LATAM, Latin America's largest airline, as the Atlanta-based carrier aggressively pursues exposure to international markets.

that has pursued a joint-venture with the Chilean-based carrier to grow revenue in the region.

Delta said expects to exit its stake in Brazilian carrier Gol, which competes with LATAM in Brazil. Delta's latest annual filing showed it had a 9% in Gol. Regulators in the U.S. and in Chile, where LATAM is headquartered would have to approve the Delta stake.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Risk Takers: The 20 leaders pushing global business forwardRisk Takers: The 20 leaders pushing global business forwardMeet this year's Risk Takers: The 20 leaders pushing global business forward
Read more »

My Top 20 Most Unskippable K-Pop Workout Songs That Every Stale Playlist Is Begging ForMy Top 20 Most Unskippable K-Pop Workout Songs That Every Stale Playlist Is Begging ForI'm really not exaggerating when I say that K-pop has revolutionized my workout playlist. Ever since I got into it (shoutout to the BTS takeover of 2018), I
Read more »

NBA notebook: Nets GM expects Durant to miss 2019-20NBA notebook: Nets GM expects Durant to miss 2019-20Brooklyn Nets general manager Sean Marks confirmed Tuesday that forward Kevin Du...
Read more »

20 Cropped Sweaters That Are Perfect Picks No Matter the Weather20 Cropped Sweaters That Are Perfect Picks No Matter the WeatherYou know the crop top, but have you met the cropped sweater?
Read more »

Home price growth slowed to a crawl in July, Case-Shiller’s 20-city index showsHome price growth slowed to a crawl in July, Case-Shiller’s 20-city index showsHome prices rose only in 14 of the 20 large cities, including Phoenix and Las Vegas.
Read more »



Render Time: 2025-03-18 16:27:39