DAL & KAL enter in transpacific JV
#1
DAL & KAL enter in transpacific JV
Delta, Korean Air agree to launch transpacific JV | Airlines content from ATWOnline
Atlanta-based Delta Air Lines and Seoul-based Korean Air have signed a memorandum of understanding to form an antitrust-immunized transpacific joint venture (JV).
The SkyTeam members intend “to create a fully integrated transpacific joint venture arrangement, with both airlines sharing the costs and revenues on flights and coordinating schedules for seamless, convenient connections,” Delta and Korean Air said in a joint statement.
The carriers’ combined network reaches 290 destinations in the Americas and more than 80 in Asia. The JV will enable Delta and Korean Air passengers to earn reciprocal frequent flyer benefits, the airlines said.
The carriers had indicated they were exploring an expanded partnership in September 2016 when Delta announced plans to launch daily Boeing 777-200LR flights between Atlanta and Seoul Incheon from June 3, 2017, and expand codesharing with Korean Air, which already operates daily Seoul Incheon-Atlanta 777-300ER flights.
“This agreement deepens our longstanding partnership with Korean Air and will provide the global access and seamless service our customers demand,” Delta CEO Ed Bastian said in a March 29 statement.
“This joint venture will benefit our customers by providing more convenient connection schedules and widen their opportunities in earning [frequent flyer benefits],” Korean Air chairman and CEO Yang Ho Cho said.
Once the final JV agreement is signed, “Delta and Korean Air will work together to implement all aspects of the enhanced cooperation, including expanded codesharing, frequent flyer programs and joint growth in the transpacific market, with co-location at key hubs [enabling] seamless passenger and baggage transit experience,” the airlines said.
The JV will need to gain regulatory approval, including antitrust immunity from the US Department of Transportation (DOT).
Atlanta-based Delta Air Lines and Seoul-based Korean Air have signed a memorandum of understanding to form an antitrust-immunized transpacific joint venture (JV).
The SkyTeam members intend “to create a fully integrated transpacific joint venture arrangement, with both airlines sharing the costs and revenues on flights and coordinating schedules for seamless, convenient connections,” Delta and Korean Air said in a joint statement.
The carriers’ combined network reaches 290 destinations in the Americas and more than 80 in Asia. The JV will enable Delta and Korean Air passengers to earn reciprocal frequent flyer benefits, the airlines said.
The carriers had indicated they were exploring an expanded partnership in September 2016 when Delta announced plans to launch daily Boeing 777-200LR flights between Atlanta and Seoul Incheon from June 3, 2017, and expand codesharing with Korean Air, which already operates daily Seoul Incheon-Atlanta 777-300ER flights.
“This agreement deepens our longstanding partnership with Korean Air and will provide the global access and seamless service our customers demand,” Delta CEO Ed Bastian said in a March 29 statement.
“This joint venture will benefit our customers by providing more convenient connection schedules and widen their opportunities in earning [frequent flyer benefits],” Korean Air chairman and CEO Yang Ho Cho said.
Once the final JV agreement is signed, “Delta and Korean Air will work together to implement all aspects of the enhanced cooperation, including expanded codesharing, frequent flyer programs and joint growth in the transpacific market, with co-location at key hubs [enabling] seamless passenger and baggage transit experience,” the airlines said.
The JV will need to gain regulatory approval, including antitrust immunity from the US Department of Transportation (DOT).
#2
Gets Weekends Off
Joined APC: Jul 2014
Posts: 429
Delta, Korean Air agree to launch transpacific JV | Airlines content from ATWOnline
Atlanta-based Delta Air Lines and Seoul-based Korean Air have signed a memorandum of understanding to form an antitrust-immunized transpacific joint venture (JV).
The SkyTeam members intend “to create a fully integrated transpacific joint venture arrangement, with both airlines sharing the costs and revenues on flights and coordinating schedules for seamless, convenient connections,” Delta and Korean Air said in a joint statement.
The carriers’ combined network reaches 290 destinations in the Americas and more than 80 in Asia. The JV will enable Delta and Korean Air passengers to earn reciprocal frequent flyer benefits, the airlines said.
The carriers had indicated they were exploring an expanded partnership in September 2016 when Delta announced plans to launch daily Boeing 777-200LR flights between Atlanta and Seoul Incheon from June 3, 2017, and expand codesharing with Korean Air, which already operates daily Seoul Incheon-Atlanta 777-300ER flights.
“This agreement deepens our longstanding partnership with Korean Air and will provide the global access and seamless service our customers demand,” Delta CEO Ed Bastian said in a March 29 statement.
“This joint venture will benefit our customers by providing more convenient connection schedules and widen their opportunities in earning [frequent flyer benefits],” Korean Air chairman and CEO Yang Ho Cho said.
Once the final JV agreement is signed, “Delta and Korean Air will work together to implement all aspects of the enhanced cooperation, including expanded codesharing, frequent flyer programs and joint growth in the transpacific market, with co-location at key hubs [enabling] seamless passenger and baggage transit experience,” the airlines said.
The JV will need to gain regulatory approval, including antitrust immunity from the US Department of Transportation (DOT).
Atlanta-based Delta Air Lines and Seoul-based Korean Air have signed a memorandum of understanding to form an antitrust-immunized transpacific joint venture (JV).
The SkyTeam members intend “to create a fully integrated transpacific joint venture arrangement, with both airlines sharing the costs and revenues on flights and coordinating schedules for seamless, convenient connections,” Delta and Korean Air said in a joint statement.
The carriers’ combined network reaches 290 destinations in the Americas and more than 80 in Asia. The JV will enable Delta and Korean Air passengers to earn reciprocal frequent flyer benefits, the airlines said.
The carriers had indicated they were exploring an expanded partnership in September 2016 when Delta announced plans to launch daily Boeing 777-200LR flights between Atlanta and Seoul Incheon from June 3, 2017, and expand codesharing with Korean Air, which already operates daily Seoul Incheon-Atlanta 777-300ER flights.
“This agreement deepens our longstanding partnership with Korean Air and will provide the global access and seamless service our customers demand,” Delta CEO Ed Bastian said in a March 29 statement.
“This joint venture will benefit our customers by providing more convenient connection schedules and widen their opportunities in earning [frequent flyer benefits],” Korean Air chairman and CEO Yang Ho Cho said.
Once the final JV agreement is signed, “Delta and Korean Air will work together to implement all aspects of the enhanced cooperation, including expanded codesharing, frequent flyer programs and joint growth in the transpacific market, with co-location at key hubs [enabling] seamless passenger and baggage transit experience,” the airlines said.
The JV will need to gain regulatory approval, including antitrust immunity from the US Department of Transportation (DOT).
#3
The Japanese government threw us out of Narita and deliberately blocked us out of Haneda. Open skies in Japan: nonsense. Our government watched us get blatantly screwed and did nothing. DAL had to go to plan C. KAL and China Eastern and Seattle are plan C as I read the situation. OFG
#4
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,273
The Japanese government threw us out of Narita and deliberately blocked us out of Haneda. Open skies in Japan: nonsense. Our government watched us get blatantly screwed and did nothing. DAL had to go to plan C. KAL and China Eastern and Seattle are plan C as I read the situation. OFG
#6
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Joined APC: Jul 2010
Position: window seat
Posts: 12,522
#7
Gets Weekends Off
Joined APC: Oct 2009
Posts: 3,108
The Japanese government threw us out of Narita and deliberately blocked us out of Haneda. Open skies in Japan: nonsense. Our government watched us get blatantly screwed and did nothing. DAL had to go to plan C. KAL and China Eastern and Seattle are plan C as I read the situation. OFG
Plan E
#9
Gets Weekends Off
Joined APC: Dec 2005
Posts: 8,898
The Japanese government threw us out of Narita and deliberately blocked us out of Haneda. Open skies in Japan: nonsense. Our government watched us get blatantly screwed and did nothing. DAL had to go to plan C. KAL and China Eastern and Seattle are plan C as I read the situation. OFG
Yes, post WWII consequences for Japan. Still, doesn't make it right all these decades later.
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