Source: Travel News
Delta Air Lines will invest about $1.9 billion in Latam Airlines, giving it a 20 percent stake. Pictured are Delta jets. Bloomberg
Skift Take: American Airlines sent out a release Thursday downplaying the significance of Delta snatching a stake in its top partner in Latin America. But make no mistake: This is a big deal. American has been the strongest U.S. airline in Latin America for decades, and this will hurt its competitive position.