What Air France-KLM's Bid For Malaysian Airlines Stake Could Mean For Delta [Yahoo! Finance News]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: Yahoo! Finance News
Delta Air Lines, Inc. DAL announced a bid for an embattled airline In an early round of bidding The circumstances of the bid are not particularly positive. Malaysia Airlines has struggled to revive booking rates since two disasters in 2014 Why It’s Important With a stake in Malaysian Airlines, Air France-KLM could improve the entity’s public trust issues — or it could be hampered by them. Either way, an affiliation may create risk for Delta. Delta’s safety reputation has become closely tied to that of its SkyTeam partner. A drag on public confidence in Air France-KLM could carry through to confidence in Delta. The market’s take on the investment risk is not wholly understood, given that Tuesday’s Delta decline is largely attributed to other macro events, like the coronavirus outbreak. A more precise reaction to the bid may be distilled from future developments occurring in isolation from confounding factors. What’s Next Air France-KLM is competing with bidders like Japan Airlines as w
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DAL
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DAL
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