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Old Dec 23, 2024 | 3:34 am
  #20  
Weekend Away
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Originally Posted by the810
DL didn't invest a single cent into this so I can't see how/why would they have any say at all, beyond maybe being pre-consuted by AFKL regarding potential inclusion of SK in TATL JV.
1. Delta is the largest airline and a founding member of Skyteam. They absolutely have a say in who joins the alliance.
2. Delta owns 2.9% of AFKL, and had a permanent seat on the board. They have a say in the strategic direction of the company and any investments that AFKL makes. It's partly their money.
3. Delta's strategy for many years has been investments in foreign airlines and JVs. It was publicly stated when announced that the intent is to bring SAS into the JV. Not only would that require Delta's approval, that fits into their strategic goals.
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