As was previously planned, Delta Air Lines, Inc. DAL sold 32.9 million shares of Gol Linhas GOL.In September, the Atlanta, GA-based airline entered into a partnership with LATAM Airlines LTM, Gol Linhas’ competitor, to buy a 20% stake for $1.9 billion. This pact (pending government approval) with Latin America's largest carrier is aimed at strengthening Delta Air Lines’ footprint in the region, where currently American Airlines AAL has the largest presence.The carrier anticipates the deal to be accretive to its earnings over the next two years. Moreover, this heavyweight contract is expected to boost revenues by $1 billion in five years. Additionally, Delta Air Lines does not expect the transaction to affect its free cash flow and therefore its commitments to add shareholder value. The transaction is also not expected to weigh on its targeted leverage ratios.Delta Air Lines, Inc. Price Delta Air Lines, Inc. price | Delta Air Lines, Inc. QuoteFollowing this largest deal win since the merger with Northwest Airlines a decade ago, Delta Air Lines decided to sell off its stake in Gol Linhas.The deal followed American Airlines’ failure to win approval for an agreement with LATAM, which would have strengthened the carrier’s foothold in Latin America. However, in October, American Airlines announced news about its ongoing discussions over a likely partnership with Gol Linhas.Zacks RankDelta Air Lines carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.5 Stocks Set to DoubleEach was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Gol Linhas Aereas Inteligentes S.A. (GOL): Free Stock Analysis Report Delta Air Lines, Inc. (DAL): Free Stock Analysis Report American Airlines Group Inc. (AAL): Free Stock Analysis Report LATAM Airlines Group S.A. (LTM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research