onwFan wrote:ShinyAndChrome wrote:onwFan wrote:A lot of that will depend on what shape LATAM emerges from bankruptcy. It is highly doubtful that UA considers AV to be an asset anymore - their Peruvian operations (they even had a Brazilian operation, although separate) were the major component that set the apart form Copa’s network. I don’t see both Copa and AV in bed with UA long term. I think we will see AV and LATAM slowly stepping away from each other’s territories in an attempt to shore up their operations. Latin American aviation is certainly gearing up for another shake-up.
Per your own words, if LATAM only cares about where they can find more it's not like UA or any other potential JV partner would be in any better financial position than DL.
I get that you hate DL and I get that the $2B they put into LATAM might be a wash, but no one has actually offered a reason why LA or AM or VS, assuming they come out the other end of this would have any reason to walk away from JVs that, by all accounts, work well enough.
Yeah, you are right - the JVs work so well that almost every single one of those JV partners are not able to make profits even in the best of times.
Any evidence that they were struggling because of the JVs, and not in spite of them? And remember that correlation is not causation. We're looking for prove of causation here.