Delta Air Lines confirmed it has officially absorbed an order for 10 Airbus A350 aircraft from LATAM Airlines Group. The group, which currently operates a fleet of 330 aircraft, has been forced to cut 95 percent of its flying as a result of the global COVID-19 crisis. Through the deal with Delta, the Atlanta-based carrier has alleviated a $3 billion burden off LATAM's shoulders. Meanwhile, Delta has deferred its near-term Airbus deliveries as the airline deals with a 95 percent…
Less than a week after releasing preliminary terms for airlines receiving aid from the U.S. government, the Department of Transportation (DOT) filed another memo for airlines on April 3, this one mandating airlines continue to provide refunds per previous guidance, even in the wake of the economic and travel industry…
As airlines across the United States feel the increasing weight of the COVID-19 pandemic on sales, Congress is considering a $58 billion bailout that they say should prioritize the preservation of jobs. Lawmakers say that any money airlines receive should come with conditions that no job is lost at the…
In an Oval Office address to the nation on March 11, U.S. President Donald Trump announced the suspension of travel between the U.S. and Europe for 30 days in an effort to curb the spread of the coronavirus outbreak. The new travel restrictions will go into effect on Friday at…
The partnership between Delta Air Lines and LATAM Airlines Group, signed in September 2019, saw another important step announced this week. From April 1, frequent fliers of both carriers will count with reciprocity of miles earnings and redemptions. The reciprocity for Delta SkyMiles and LATAM Pass members will be valid…
What is being billed as the ‘World’s Leading Partnership’ was launched this week by Delta Air Lines, Virgin Atlantic, KLM and Air France. The joint venture (JV) by the four airlines expands on existing JVs between the U.S. carrier and the U.K. and European carriers. Delta CEO Ed Bastian stated:…
All of the four major U.S. airlines have released the figures for their 2019 profit-sharing, each doling out hundreds of millions of dollars to employees across their networks. This year's announcement continues the streak of 'giving back' as the airlines — publically and proudly — reward employees for their role…
Delta Air Lines has announced that it is expanding its operations at Miami International Airport. The expansion comes as the airline ramps up cooperation with new joint-venture partner LATAM. Miami is a major U.S. destination for the South American airline, where the airline partnered with American Airlines. The expansion includes…
Back in September, Delta surprised the aviation world with its unexpected announcement involving purchasing 20 percent of LATAM Airlines. The deal was completed on Tuesday, as Delta formally took ownership of shares in the South American carrier. In a statement, Steve Sear, Delta’s president of international and executive vice president…
As 2020 rolls around a decade of change has been brought to the airline industry and with mergers and acquisitions defining the 2010s, a round of aircraft removals drew headlines across the industry. So, as the next decade begins in under one week, let us take a look back at…
