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Delta and Korean Air to launch world-class joint venture partnership
The joint venture has now been approved by regulatory authorities in the U.S. and Korea, including the U.S. Department of Transportation and the Korean Ministry of Land, Infrastructure and Transport.
Delta Air Lines and Korean Air will launch a new joint venture partnership that will offer customers world-class travel benefits across one of the most comprehensive route networks in the trans-Pacific market. The joint venture has now been approved by regulatory authorities in the U.S. and Korea, including the U.S. Department of Transportation and the Korean Ministry of Land, Infrastructure and Transport.
The expansive combined network formed by this partnership gives Delta and Korean Air’s shared customers’ seamless access to more than 290 destinations in the Americas and more than 80 in Asia.
The airlines will work closely together to bring customers the full benefits of the partnership, including joint growth in the trans-Pacific market, optimized schedules, a more seamless customer experience, improved loyalty program benefits, integrated IT systems, joint sales and marketing activities, and co-location at key hubs. The minimum duration of the joint venture agreement is 10 years, and the joint venture will be implemented on May 1, 2018.
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