Will Delta Air Lines’s Largest Shareholders Buy More After Its Aeromexico Venture?

For the year-to-date, Delta Air Lines Inc.’s (NYSE:DAL) shares are up 6.37 percent. On Saturday, the company announced in a statement with Grupo Aeromexico, their joint plans to invest $40 million for the building and operating of an aircraft maintenance, repair and overhaul center in central Mexico’s state Queretaro. The center will be built at the Queretaro International Airport adjacent to the state’s Aerospace Park, Mexico’ biggest aerospace manufacturing cluster. The airlines will equally invest in the facility, which will be service their fleets as well as other airlines.

Delta Air Lines President Ed Bastian said, ”With the site selection, the joint efforts now move to begin constructing this facility that will usher in lower maintenance costs without compromising the very high quality work that Aeromexico provides Delta.”

With the new MRO project, will Delta Air Lines’ largest shareholders increase their holdings? 490 institutional firms indicated owning shares of Delta Air Lines Inc. (NYSE:DAL) in Q2 2012. These firms reported owning a total of 747.257 million shares on 06/30/2012. The shares closed at $10.95 on 06/30/2012.

Here are the ten largest positions in Delta Air Lines Inc. at the end of June 30th, 2012.

Wellington Management Co LLP held 60,143,790 shares on 06/30/2012 worth $658,574,489. This brought the portfolio total to 0.25%.

Par Capital Management Inc held 54,000,000 shares on 06/30/2012 worth $591,299,990. This brought the portfolio total to 10.13%.

Janus Capital Management LLC held 46,868,738 shares on 06/30/2012 worth $513,212,672. This brought the portfolio total to 0.58%.

Vanguard Group Inc held 37,848,052 shares on 06/30/2012 worth $414,436,162. This brought the portfolio total to 0.06%.

Wayzata Investment Partners LLC held 34,797,495 shares on 06/30/2012 worth $381,032,564. This brought the portfolio total to 52.23%.

Capital World Investors held 27,999,269 shares on 06/30/2012 worth $306,591,990. This brought the portfolio total to 0.11%.

FMR LLC held 27,558,226 shares on 06/30/2012 worth $301,762,569. This brought the portfolio total to 0.06%.

Lansdowne Partners Limited Partnership held 22,507,733 shares on 06/30/2012 worth $246,459,672. This brought the portfolio total to 4.48%.

Alliancebernstein L.P. held 22,084,426 shares on 06/30/2012 worth $241,824,460. This brought the portfolio total to 0.27%.

Capital Growth Management LP held 19,680,000 shares on 06/30/2012 worth $215,495,996. This brought the portfolio total to 5.18%.

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