Delta Air Lines gets US DOT approval for Korean Air JV
Delta Air Lines says it received approval for its proposed transpacific joint venture with Korean Air from the US Department of Transportation.
Under the JV, the two airlines will share costs and ticket revenues on a combined network which will cover more than 290 destinations in the Americas and 80 in Asia.
"We thank the DOT for approving this world-class partnership, which will create more choices, frequencies and destinations for customers traveling between the key markets in the U.S. and Asia," said Delta CEO Ed Bastian.
Korean Air and Delta are now awaiting approval to start the JV from Korea’s ministry of land, infrastructure and transport.
The joint venture agreement will see the two carriers share services at Incheon International Airport’s new Terminal 2, which will also house other SkyTeam partner airlines.
To support the JV, Delta launched a third nonstop service to Seoul earlier this year, starting flights from its Atlanta hub.
Korean Air operates to 10 US destinations.
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