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Delta strikes joint venture deal with Korean Air covering trans-Pacific market
DELTA Air Lines has signed a joint venture agreement with Korean Air covering the transpacific trade, and includes bellyhold cargo.
The joint venture agreement will form a combined network serving 290 destinations in the Americas and 80 in Asia, reported London's Air Cargo News.
"The joint venture will augment the two airlines' capabilities in the trans-Pacific market and provide the necessary scale and scope to compete in this market," the two airlines were cited as saying.
"Together, Delta and Korean Air are building a world-class partnership that will offer more destinations, outstanding airport facilities and an unmatched customer experience on the transpacific," said Delta's chief executive, Ed Bastian.
"By combining the strengths of our two companies, we are building a stronger airline for our employees, customers and investors."
According to Korean Air chairman, Y H Cho: "Now is the right time for this JV. The synergies we're creating will build stronger and more sustainable companies, and this is good for travellers, our companies and our countries."
Prior to the joint venture, Delta started offering a new nonstop service between Atlanta and Seoul.
The joint venture agreement will form a combined network serving 290 destinations in the Americas and 80 in Asia, reported London's Air Cargo News.
"The joint venture will augment the two airlines' capabilities in the trans-Pacific market and provide the necessary scale and scope to compete in this market," the two airlines were cited as saying.
"Together, Delta and Korean Air are building a world-class partnership that will offer more destinations, outstanding airport facilities and an unmatched customer experience on the transpacific," said Delta's chief executive, Ed Bastian.
"By combining the strengths of our two companies, we are building a stronger airline for our employees, customers and investors."
According to Korean Air chairman, Y H Cho: "Now is the right time for this JV. The synergies we're creating will build stronger and more sustainable companies, and this is good for travellers, our companies and our countries."
Prior to the joint venture, Delta started offering a new nonstop service between Atlanta and Seoul.
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