Delta sells Gol stake


Delta has sold its 5% stake in Brazilian airline Gol. 

Delta invested in Gol more than four years ago but this year said it would divest the stake after announcing it would take a 20% stake in Latam. Delta and Latam will begin codesharing in 2020.

American Airlines, which is losing Latam as a partner, has said it is negotiating a potential partnership with Gol.

Source: Business Travel News


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