Originally Posted by
flyerCO
I know DL knows what it's doing, but that just seems way out of line. Curious if that premium includes the costs DL is covering of current/future LATAM debts.
It probably also includes the 14 A350s DL acquired.
For LATAM, the transaction will improve free cash flow generation, reduce forecasted debt by over $2 billion by 2025 and improve LATAM's capital structure, enhancing its ability to execute its long-term strategy.
This is from the Delta press release about the deal. Debt consolidation must've been part of it.