JV with Westjet bites the dust...
#1
JV with Westjet bites the dust...
Delta, WestJet scrap planned joint venture after U.S. demands
11/20/2020 | 10:59pm ESTReuters
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.
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#8
No JV access to 737 MAX lift capacity? You know what that means, right? I kid, as when announced, an order for more good paying jets is what our scope objectives are about! Following the same logic, we get Dreamliners too, although I doubt the nixed deal involved much of our revenue touching the Westjet B-787.
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No JV access to 737 MAX lift capacity? You know what that means, right? I kid, as when announced, an order for more good paying jets is what our scope objectives are about! Following the same logic, we get Dreamliners too, although I doubt the nixed deal involved much of our revenue touching the Westjet B-787.
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