Delta invests $1.2 billion in three airlines

Published: Dec. 13, 2021 astatine 9:45 a.m. ET

Delta Air Lines DAL, -3.90% said Monday it volition marque $1.2 cardinal combined investments successful 3 airlines arsenic they look from restructuring oregon recapitalization. Delta is targeting a 20% equity involvement successful Aeromexico and a 10% equity involvement successful LATAM. It plans to support its 49% equity involvement successful Virgin Atlantic. Delta had owned stakes successful LATAM and Virgin anterior to COVID-19. Delta Air Lines shares fell 3% connected Monday.

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