Sep 26, 2019

Delta to buy 20% stake in Latin America's largest airline

Photo: Dan Kitwood/Getty Images

Delta Air Lines is planning to buy a 20% stake in Latin America’s largest airline, LATAM, for $1.9 billion, after its rival American Airlines announced a joint venture with the Chilean-based airline, CNBC reports.

The big picture: Through joint ventures and minority stakes, Delta has been trying to broaden its trips to more international destinations. LATAM has hubs in major South American cities, with domestic service in Chile, Brazil, Colombia, Peru, Argentina and Ecuador.

Go deeper: Personal devices spark war over planes' windows

Go deeper

Japan Airlines booking feature shows where kids are sitting on flights

Japan Airlines. Photo: Kazuhiro Nogi/AFP/Getty Images

Japan Airlines has unveiled a new feature that shows where children under the age of 2 are sitting on their flights when passengers pick their seat, CNBC reports.

The big picture: Targeting business passengers, especially those who have to deal with long-haul flights, several airlines have initiated services for adult passengers that help them avoid sitting next to children or babies. AirAsia X and IndiGo rolled out "quiet zone" sections on their planes, which exclude children under 12.

Go deeper: Personal devices spark war over planes' windows

Keep ReadingArrowSep 27, 2019

Latino VCs form new group to increase industry representation

Illustration: Lazaro Gamio / Axios

A group of Latino venture capitalists in the Bay Area have formed an organization called LatinX VC to help peers advance or start their careers, raise new venture funds, and connect with limited partners in Latin America.

The big picture: Latinos make up just 1% of the America's venture industry, despite widespread conversation about increasing diversity.

Go deeperArrowOct 11, 2019

Capital markets feel the global protest wave

A doll effigy of Chilean President Sebastián Piñera. Photo: Cristóbal Venegas/Anadolu Agency via Getty Images

Violent protests in Chile, an OECD member long known as Latin America's slow, steady and stable credit, continued for the sixth night in a row Wednesday.

Why it matters: Markets are responding much more quickly to the state of unrest, with Chile's capital markets already pricing in negative outcomes.

Go deeperArrowOct 24, 2019