DL to acquire 20% LATAM; LA to exit OW
This just hit the wires:
"Delta is buying 20% of LATAM, Latin America’s largest airline" https://www.cnbc.com/2019/09/26/delt...t-airline.html DL to buy 20% of LATAM, will divest its stake in GOL. LA will exit OW, but unclear if it will join Skyteam. Regards |
Oneworld new link--->https://www.oneworld.com/news/2019-0...ement-on-LATAM
And link to https://www.executivetraveller.com/ (was ausbt.com.au) They are usually well informed https://www.executivetraveller.com/n...world-alliance Will be a loss to the OneWorld alliance. Especially for *ONE* RTW tickets and visiting IPC Easter Island :( Edit Threads in the LATAM forum thread---> https://www.flyertalk.com/forum/lata...-leave-ow.html DL forum thread---> https://www.flyertalk.com/forum/delt...ake-latam.html AA forum thread---> https://www.flyertalk.com/forum/amer...aa-impact.html BA forum thread---> https://www.flyertalk.com/forum/brit...il-2020-a.html |
Very sad. There will be a big OWE void in South America. Hope someone comes in to fill this void.
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Originally Posted by jgchiker
(Post 31569329)
Very sad. There will be a big OWE void in South America. Hope someone comes in to fill this void.
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It's a turbulent time for OW (also for ST in some extent).
Along with main carriers like AA's and BA's operations and services going downhill fast, as well as QR also likely to exit due to non-cooperation between member airlines, something will have to be done else the global alliance model will fall apart soon. As for a new partner, I guess they can reach out to GOL but they can at best connect from Brazil, but not from Chile and Peru. |
It doesn't seem unlikely that Cathay too might exit. If that happens I think OW as a global alliance will be done.
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Originally Posted by gordon0808
(Post 31570973)
It doesn't seem unlikely that Cathay too might exit. If that happens I think OW as a global alliance will be done.
As a OW flier I'm disappointed, but honestly this was a master stroke by Delta. Regards |
Originally Posted by gordon0808
(Post 31570973)
It doesn't seem unlikely that Cathay too might exit. If that happens I think OW as a global alliance will be done.
For *A, it makes no sense to cooperate with SQ, BR, NH where CX mainly serves; The entire *A is already too big, but when literally every one is either "DL alliance" or *A at some point, there will be no alliance at all. ST makes even less sense now given DL's new approach. |
Very sad news. As others said, this leaves a huge gap ...
There might be candidates to fill it, in particular GOL. Frankly, I value them higher on domestic/regional routes, compared to Latam and perhaps AA wants to by the DL share one sale ... |
Is there any chance that the DL-LA JV and / or the investment will be blocked by court, so LA will stay in oneworld?
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Originally Posted by ernestnywang
(Post 31572474)
Is there any chance that the DL-LA JV and / or the investment will be blocked by court, so LA will stay in oneworld?
The impact to MPC members is small though. Looks like DL was mainly targeting at AA, so BA/QF/IB codeshares are still in place. I am not sure if MPC could ticket those flights and how the availability would change after LA is under DL. And of course, secondary routes are now a big hole in S America. |
Originally Posted by andersonCooper
(Post 31572869)
Slim.
The impact to MPC members is small though. Looks like DL was mainly targeting at AA, so BA/QF/IB codeshares are still in place. I am not sure if MPC could ticket those flights and how the availability would change after LA is under DL. And of course, secondary routes are now a big hole in S America. Plus, if DL seems to have a tendency to ask SkyTeam members to cut ties with CX, i. e., MU and VN. We don't know yet if LA will join SkyTeam. |
Initially I wasn’t too worried as my assumption was the QF/LA joint venture, codeshares etc would largely stand. Then I remembered DL has a fair stake in VA and I assume would want their new partner to work more closely with their existing partner rather than the competition
there’s not a huge amount of clarity but I am now basically planning a big South America trip for pre September next year just in case 😂 |
Originally Posted by gordon0808
(Post 31569450)
Who would that be? This is a huge blow for OW.
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off topic
Originally Posted by nancypants
(Post 31573053)
Initially I wasn’t too worried as my assumption was the QF/LA joint venture, codeshares etc would largely stand. Then I remembered DL has a fair stake in VA and I assume would want their new partner to work more closely with their existing partner rather than the competition
there’s not a huge amount of clarity but I am now basically planning a big South America trip for pre September next year just in case �� https://en.wikipedia.org/wiki/Virgin_Australia_Holdings Owner Etihad Airways (20.94%) Singapore Airlines (20.09%) Nanshan Group (19.98%) HNA Group (19.82%) Virgin Group (10.42%) on topic |
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