Delta Air Lines

U.S. to block all flights to Cuba outside Havana

In this image, a man holds a small Cuban flag
A Cuba delegate holds his national flag at the XVIII Pan American Games in July 2019. Photo: Reuters/Henry Romero

The Trump administration will suspend all flights to Cuba outside of Havana beginning in December, AP reports, doubling down on travel restrictions to the island.

The big picture: The U.S. aims to prevent tourism to Cuba and restrict the island's income so it may rescind support for Venezuelan President Nicolás Maduro, per AP, and afford "more human rights to Cuban citizens."

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

Delat plane
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.

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