FlyerTalk Forums - View Single Post - DL to buy 10% of AFKL and AFKL to buy 31% of VS
Old Jul 27, 2017, 12:01 pm
  #11  
FlyerWx
 
Join Date: Sep 2016
Location: LAX/BUR, RDU
Programs: DL SM, AAdvantage, SPG
Posts: 1,360
Originally Posted by BOSTravels
If simple addition-math holds in these JVs with respect to power:

DL will get: 49% direct VS + 10% x 31% indirect VS = 52.1% VS.
Majority!
That's exactly the math I was just doing in my head when I saw the thread title

This definitely seems like DL now has, in some technically, a majority stake in VS. As has been stated in other threads, VS doesn't have much intl service, so it'd be interesting to see the effect of this, if any.
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