I’ve made the point many times in the past that despite protests about subsidies received by the Middle East airlines Etihad, Emirates, and Qatar, that Delta doesn’t actually care about subsidies. They care about scoring political points as leverage to use the power of government to shut down competition.
Now Delta is buying a $450 million stake in China Eastern — which is the most state-subsidized Chinese airline. So Delta will benefit from a chunk of those subsidies.