Delta to Take 5% Share in Airport Security Company Clear

By Paul Riegler on 1 May 2016
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DSC_0409 (1)Delta Air Lines announced Friday it plans to acquire an interest in Clear, a company that provides biometric clearance to airport security checkpoints in the United States.

The Atlanta-based airline would buy a 5% stake in the company, according to Delta’s incoming CEO, Ed Bastian, who spoke with reporters on Friday.

The airline separately announced it will partner with Clear and add ClearLanes, as they are called, at additional major airports, starting with major Delta hubs.

Clear promises no more than a five-minute wait at a security checkpoint. The company uses biometrics including fingerprint and iris identification technology to confirm a traveler’s identity.

The company did not provide further details about the proposed transaction.

(Photo: Accura Media Group)

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