View Single Post
Old 11-20-2020, 07:27 PM
  #1  
Excargodog
Perennial Reserve
 
Excargodog's Avatar
 
Joined APC: Jan 2018
Posts: 11,538
Default JV with Westjet bites the dust...

Delta, WestJet scrap planned joint venture after U.S. demands

11/20/2020 | 10:59pm EST
Reuters

WASHINGTON (Reuters) - Delta Air Lines and Canada's WestJet said late on Friday they had scrapped a proposed U.S.-Canada joint venture after the U.S. government demanded changes the airlines insisted were "unreasonable and unacceptable".

Last month, the U.S. Transportation Department as part of its tentative antitrust immunity approval said it would require the carriers to remove Swoop, an ultra low-cost carrier affiliate of WestJet, from the alliance, and divest 16 takeoff and landing slots at New York's LaGuardia Airport.
https://www.marketscreener.com/quote...ands-31841947/
Excargodog is online now