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Old 09-27-2019 | 11:40 AM
  #122  
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Trip7
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Originally Posted by saturn
https://ir.delta.com/events-and-pres...l/default.aspx



An investor call was conducted this morning to discuss LATAM JV. Highlights:



We receive the first 2 A350s at the end of 2020. No further timeline for the remaining 12 except sometime between 2021-2025. Ed made comments that suggested our current 15 firm was too small of a fleet. Sounds like we are still open in our search for WB renewal, to both Boeing/Airbus.



We will use debt for nearly all of the 1.9b purchase. On-top of that, 350m to ease LATAMs transition will be spread out over years.



Our current flying ratio between US-LATAM is 30%/70%. Will be interesting addition/ complication to our scope negotiations. Mentioned several times that the JV will help grow Aeromexico.
Impressive research. Well done. Thanks for sharing

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