Delta buys 20% of Latam
09-26-2019, 06:12 PM
#31
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Originally Posted by Planetrain
Article from simpleflying.com left it unclear: ...”Delta Air Lines has 25 Airbus A350-900s ordered, with 13 of these delivered and operational. Meanwhile, LATAM also has 25 A350’s ordered. This consists of 17 A350-900s, and 8 A350-1000s. Of these orders, twelve -900s have been delivered, while seven are operational.”
09-26-2019, 06:28 PM
#32
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So between now and 2025 if we receive all these planes, the 33 330-900 left to be delivered and the additional 10 options we have from our 350 order that’s 58 widebody deliveries in the next 6 years
Yes there will be 767 parked, however delta has still been pushing for the 797 which if it gets launched could replace those 1 for 1 and then some while the 321-neo replace the 757
I believe this is positive news
Yes there will be 767 parked, however delta has still been pushing for the 797 which if it gets launched could replace those 1 for 1 and then some while the 321-neo replace the 757
I believe this is positive news
09-26-2019, 06:29 PM
#33
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So, Delta steals one of AA's partners, gets 14 350's from another carrier, gets a partnership with the largest carrier in SA (115 new destinations!), gets a board spot (with Qatar now owning half as much as Delta, that's huge), and dumps a lagging GOL partnership. Huge win.
LATAM gets their planes taken, gives up a large share of their internal power balance to a foreign carrier, has to go through the huge process of changing their alliance away from one of the US's two biggest carriers to the other, all for about $2B.
Maybe I'm just not understanding, but what does LATAM get from this? It just seems like a huge give from them for what could be a big payout in international stability in the long run, but honestly $2B just doesn't seem like enough for all that. What's the catch?
LATAM gets their planes taken, gives up a large share of their internal power balance to a foreign carrier, has to go through the huge process of changing their alliance away from one of the US's two biggest carriers to the other, all for about $2B.
Maybe I'm just not understanding, but what does LATAM get from this? It just seems like a huge give from them for what could be a big payout in international stability in the long run, but honestly $2B just doesn't seem like enough for all that. What's the catch?
Last edited by PilotWombat; 09-26-2019 at 06:43 PM.
09-26-2019, 06:34 PM
#34
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Posts: 67
Latam really needs the money right now as they got hosed on currency exchange rates over the last two years, they don't really have demand to fill with those a350's, keep in mind this deal was done in 3 months with basically no rumors so it was clearly a rushed deal likely because they need the cash now, especially with a dollar that's currently getting stronger as they sell tickets in their local currency but buy them and planes with dollars.
09-26-2019, 06:38 PM
#35
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Originally Posted by MJP27
I thought the next AE was for staffing summer 2020. Are you saying we will get them in the fall or later??
09-26-2019, 06:46 PM
#36
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Originally Posted by PassportPlump
24 hours ago nobody on this forum even knew we were entering into a JV with LATAM let alone inheriting 350s. And here we are asking this same group of people what day they show up here.
09-26-2019, 07:10 PM
#37
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Originally Posted by PilotWombat
Maybe I'm just not understanding, but what does LATAM get from this? It just seems like a huge give from them for what could be a big payout in international stability in the long run, but honestly $2B just doesn't seem like enough for all that. What's the catch?
09-26-2019, 07:19 PM
#38
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Originally Posted by MJP27
I thought the next AE was for staffing summer 2020. Are you saying we will get them in the fall or later??
I hope I'm wrong and we have additional 350 seats on the next AE. Maybe the Sept AE was just NB because they were expecting this deal to be announced.
09-26-2019, 07:24 PM
#39
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Latam gets access to the best United States domestic airline. Yes we will see more latam planes in Atlanta nyc lax maybe even dtw but what we will be able to do in South America feeding their customers will far outweigh it imo
09-26-2019, 07:25 PM
#40
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Originally Posted by Gunfighter
It's just a guess based on how long these types of deals usually take. The chances of a random pilot on a the interwebs being correct is about the same as crew resources getting the staffing right on one large AE per year...
I hope I'm wrong and we have additional 350 seats on the next AE. Maybe the Sept AE was just NB because they were expecting this deal to be announced.
I hope I'm wrong and we have additional 350 seats on the next AE. Maybe the Sept AE was just NB because they were expecting this deal to be announced.
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