Harvard Case- Latam Airlines: in search of new options 1.What are the advantages and disadvantages of partnering Latam with Delta? 2.What options does Latam have to create long-term value in case the Delta deal does not materialize? 3.How would the entry of a strategic partner with a large stake in the companys ownership structure affect Latams governance? 4.What are the strategic principles/concepts/theories addressed in the case?.