Delta Buying Into Latam, Selling Gol Stake | Aviation International News

Delta Buying Into Latam, Selling Gol Stake

The U.S. airline will take four Airbus A350s and assume an order for 10 from South America’s dominant airline.

By Richard Pedicini • Contributor - South America

September 27, 2019

As Latin American air transport recovers, Delta Air Lines announced plans to buy 20 percent of South American airline Latam, while shedding its 9 percent stake in Latam competitor Gol, Brazil’s number-two airline. Meanwhile, Brazil’s number-three carrier, Azul, earlier in the week announced a code-share agreement with Colombia’s Avianca.

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