Daily Memo: Delta Air Lines Doubles Down On Equity Stake Strategy; Is It Wise?
Credit: Delta Air Lines
Delta Air Lines on Dec. 13 announced a reinvestment of $1.2 billion into three struggling partner airlines: Aeromexico, LATAM and Virgin Atlantic. The moves make clear the drawbacks of Atlanta-based Delta’s strategy of acquiring minority stakes in long-haul carriers around the world. While the...
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Daily Memo: Delta Air Lines Doubles Down On Equity Stake Strategy; Is It Wise? is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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