Delta swings from market weakness to strength in Latin America

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Delta swings from market weakness to strength in Latin America
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A surprise $1.9 billion investment by Delta Air Lines in LATAM Airlines Group is...

With the Delta deal, that reigning power couple has split.

Following its breakup with Chile-based LATAM last month, American Airlines quickly announced new flights next year from Miami to Chile and Peru — destinations where the two had been coordinating their routes with regulatory approval. American said it had “expanded routes and lowered prices” as a result of its coordination with LATAM in Chile and Peru.

By contrast, Delta’s historic weakness in the region has become a distinct advantage, allowing it to leapfrog competitors without facing as much regulatory scrutiny.

 

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