Delta to Take 5% Share in Airport Security Company Clear
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)