Access + $$$ + Control
Through ownership stakes (equity stakes), Delta gains control and access to tighter coordination. Equity can mean a seat on the board of directors, allowing for influence into how the partner runs its business. Equity stakes are often combined with joint ventures for sharing revenue. Visit the Scope Scorecard page to review ownership stakes.
There is a potential for income as a shareholder and if this income is realized, it has to be reported, and would be available for profit sharing payout.
Read about Ownership Stakes at Delta
Virgin Atlantic Post-COVID19 Press Release
Virgin Atlantic announced reductions in jobs, aircraft and its network Virgin Atlantic will fly only wide-body, twin-engine aircraft from two points in the UK, London Heathrow and Manchester. Virgin Atlantic will park seven 747-400s, with four A330-200 aircraft...
China Domestic Capacity Rebounds from COVID-19
Past COVID-19, Chinese airlines revise the number of scheduled China domestic seats upward on a weekly basis in response to demand
Skift covers how the Coronavirus Is Pushing Some Airlines to the Precipice
Skift recently covered how the Coronavirus Is Pushing Some Airlines to the Precipice. Airlines are facing their biggest challenge since the post-9/11 period. While many carriers should have strong enough balance sheets, or enough government support to get through it,...
Aeronews covers KLM plans for 747 early retirement
Aeronews covers KLM plans for 747 early retirement Sources in the Netherlands say that KLM Royal Dutch Airlines is speeding up the retirement of its remaining Boeing 747, originally scheduled for 2021, to save costs. KLM now has 7 passenger Boeing 747-400s and three...
OAG covers US Europe Travel Ban
OAG Blog recently covered the US 30-day ban on travellers arriving from the European "Schengen" countries. The most affected airlines will be Delta Air Lines and United Airlines, which, together are scheduled to fly 31% of all flights between the United States and the...
Skift Covers Potential Collapse of Korean Air in Response to the Corona Virus
Skift recently covered Korean Air Lines warned on Monday that the coronavirus outbreak could threaten its survival after more than half of the world restricted passengers entering from South Korea. Korean Air has grounded about 100 of 145 its passenger aircraft,...
OAG covers Coronavirus Capacity Update Week Eight
OAG Blog recently covered an increase in scheduled airline capacity as China added back some three million seats to their domestic network offering some early signs of recovery in the first market affected. Last Monday also saw a number of airlines in Europe and North...
OAG covers increase in flying capacity in China
OAG Blog recently covered the impact of COVID-19 on flying capacity in China. Click here to read more: https://www.oag.com/blog/chinese-capacity-recovers ""
Flight Radar 24 covers Air Traffic in China
Flightradar24 Blog recently covered the impact of COVID-19 on flying capacity in China. Click here to read more: https://www.flightradar24.com/blog/air-traffic-at-chinas-busiest-airports-down-80-since-the-beginning-of-the-year/ ""
QuickTake Corona Virus
With the cancellation of US-China flying, Pacific block-hours are projected to fall
below the 182,750 Pacific Block Hour Floor by thousands of block hours in 2020