Delta and LATAM Airlines Group S.A. have announced that they have entered into a strategic partnership that for the first time combines the strengths of the leading airlines in North and Latin America.
“This transformative partnership with LATAM will bring together our leading global brands, enabling us to provide the very best service and reliability for travelers to, from and throughout the Americas,” said Ed Bastian, Delta’s chief executive officer, in a statement.
The strategic partnership will unlock new growth opportunities, building upon Delta’s and LATAM’s global footprint and joint ventures worldwide, including Delta’s existing partnership with Aeromexico. With their complementary networks, Delta, LATAM and their partners will be able to offer access to a greatly expanded array of worldwide destinations.
Additional details of the partnership include Delta’s acquisition of four A350 aircraft from LATAM. Delta has agreed to assume LATAM’s commitment to purchase 10 additional A350 aircraft to be delivered beginning in 2020 through 2025, supporting Delta’s ongoing fleet transformation.
As a result of this partnership, Delta and LATAM together will hold the leading position in five of the top six Latin American markets from the U.S.
For more information, visit delta.com.