DL to acquire 20% LATAM; LA to exit OW
May 13, 20, 5:20 am
#46
Join Date: Sep 2005
Location: TPE / HSZ
Programs: CX GO (=SPH), IHG Diamond Amb, Hertz 5*, Accor, Hilton, National
Posts: 6,434
Lockdown has gotten my imagination going :P :
There was news several months ago that QR was interested to up their LATAM stake to 20% to match that of Delta's. Knowing how salty AAB can get, if this goes through and Qatar actually ups their stake to 20% (or perhaps even more?!) do you reckon it may be possible that LATAM rejoins oneworld under the influence of QR? :P
Of course this is a purely speculative scenario, but I'm just interested in what you think...
As such, I feel that it is a great loss for oneworld to have LATAM officially gone ~2 weeks ago... having flown LA and JJ on their 787s and A350s, I'll say first hand that LA had a great long-haul product (despite no direct aisle access). Additionally, the priority immigration and security at SCL was also really good...
There was news several months ago that QR was interested to up their LATAM stake to 20% to match that of Delta's. Knowing how salty AAB can get, if this goes through and Qatar actually ups their stake to 20% (or perhaps even more?!) do you reckon it may be possible that LATAM rejoins oneworld under the influence of QR? :P
Of course this is a purely speculative scenario, but I'm just interested in what you think...
As such, I feel that it is a great loss for oneworld to have LATAM officially gone ~2 weeks ago... having flown LA and JJ on their 787s and A350s, I'll say first hand that LA had a great long-haul product (despite no direct aisle access). Additionally, the priority immigration and security at SCL was also really good...
May 13, 20, 8:35 am
#47
Join Date: Jul 2006
Location: MIA
Programs: AAdvantage Exec Plat SPG Platinum
Posts: 308
Why would AA be likely to veto? Granted the minority ownership by Delta may raise some awkwardness, but AA really lost a lot of feed for connections for passengers originating in South America, as well as ability for US originating passengers to connect withiin South America.
May 13, 20, 10:23 am
#48
Join Date: Sep 2005
Location: TPE / HSZ
Programs: CX GO (=SPH), IHG Diamond Amb, Hertz 5*, Accor, Hilton, National
Posts: 6,434
Why would AA be likely to veto? Granted the minority ownership by Delta may raise some awkwardness, but AA really lost a lot of feed for connections for passengers originating in South America, as well as ability for US originating passengers to connect withiin South America.
May 14, 20, 5:23 am
#49
Join Date: Jul 2017
Location: DPS, CGK
Programs: Cathay Diamond, SAS EBGold, Flying Blue Gold
Posts: 2,362
Yet, if somehow this all could work out, and LATAM does somehow rejoin OW, it would seem to be unlikely for AA to pursue a significant cooperation with LATAM, outside of the ordinary codesharing and such. We'll just have to see what QR and their master player choses to do
May 26, 20, 7:05 am
#50
Join Date: Jul 2017
Location: DPS, CGK
Programs: Cathay Diamond, SAS EBGold, Flying Blue Gold
Posts: 2,362
OMAAT reports that LATAM has signed for Ch 11 Bankruptcy Protection. LA has secured additional funding from QR and other investors. DL will not be providing any funding.
