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Delta buys stake in Latam

09 Oct 2019
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DELTA has bought a 20%

stake in Latam Airlines,

which will “offer the

greatest connectivity

between North and

Latin America, with 435

destinations worldwide,”

Latam said in a statement.

As a result, Latam has

left the oneworld alliance.

Until Latam’s official exit

from the alliance, all full

customer benefits will still

apply, oneworld said in a

statement.

“Any related news will be

communicated through our

agency portal: latamtrade.

com,” the airline said.

Meanwhile, American

Airlines has suspended

new Latam codeshare

bookings. The suspension

only blocks new sales,

but where customers

wish to make changes

to an existing itinerary

involving a codeshare

flight operated by Latam,

the airline will rebook

the customer on an

American Airlines flight

that services that market,

American Airlines said in

a statement. The airline

plans to wind down

remaining agreements with

Latam over the next few

months

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