Brazil’s GOL Linhas Aereas Inteligentes said late Tuesday that Delta has sold more than 32.9m shares it held in the company, a few months after the Atlanta-based airline announced its decision to exit stake. Delta’s decision to sell its stake was expected, following its acquisition of a 20% stake in GOL competitor LATAM Airlines Group SA for $1.9b in September. The deal with LATAM Airlines was Delta’s largest since it merged with Northwest a decade ago, and ended the Chilean carrier’s ties with American Airlines Group. Delta’s deal with Latin America’s largest carrier would give it a bigger footprint in the region, where American Airlines has been leading the charts.<br/>
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Air France-KLM Group is ordering another 10 Airbus A350-900s, which will be used to replace the company’s Airbus A380 fleet. The aircraft are set to be operated by Air France, which is phasing out its A380s by the end of 2022. Air France-KLM says the decision is in line with its fleet simplification strategy. Airbus has confirmed the agreement for the Rolls-Royce Trent XWB-powered jets. “Rationalising and modernising the fleet is central to our effort to regain our leading position in Europe,” says Air France-KLM CE Ben Smith. “It will strengthen our performance from both an economic and operational standpoint, and will help us deliver on our ambitious sustainability agenda.” Air France will take its A350 fleet to 38 aircraft as a result of the agreement. Air France CE Anne Rigail says the initial results of A350 operations at the flag-carrier are “excellent in every way”.<br/>