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 of global sales said “We look forward to working with LATAM to create a truly world-class partnership that will give our customers unparalleled access throughout the Americas. Equity investments like this…
At the beginning of the 1990s, air travel through the mid Atlantic region of the United States was very simple. Legacy carriers had made various hubs through the region and even smaller markets were easy landing spots for potential carriers. However, industry in the “rust belt” had stalled and with…
