Quote:
Originally Posted by FetaCheese
And how much is LATAM worth now? Delta also gobbled up stakes in other airlines in the recent few years...on top of the stock buy backs they also did. They aren't saints, either.
Their exposure is INCREDIBLE. I’m not sure people really appreciate how bad things are for delta due to their airline shopping spree...
They own 9% of Air France
51% of Aeromexico
7% of China Eastern
9% of GOL 10% of Korean Air
20% of LATAM
and 49% of Virgin Atlantic
Not to mention they’re closely partnered with Virgin Australia and westjet.
thats a hammerin’ on multiple fronts