Why Delta Air Lines Covets This Not-So-Profitable Latin American Airline

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Latam Airlines

A Latam Airlines Boeing 787 aircraft. Delta Air Lines is buying 20 percent of the airline. Latam Airlines

Skift Take: Delta’s planned $1.9 billion investment for a 20 percent stake in Latam is a pretty penny, but the U.S. airline is confident the deal will pay off by expanding its network in South America.

— Kristin Majcher

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