Delta and United Might Be Vying to Invest in Avianca
Michael Sasso and Christine Jenkins, Bloomberg
United and Delta already both own pieces of Brazilian airlines, with Delta holding 16 percent of Gol and United with 5 percent of Azul. But both apparently see more opportunity in South America, which makes sense considering Latin American carriers have lagged the rest of the world in profits in recent years. There's probably more upside in the region than elsewhere.
1 month ago