New Trans-Atlantic Global Joint Venture from KLM and Delta Air Lines
A new long-term partnership between Air France KLM Group and Delta Air Lines is bound to offer a lot of perks and bonuses for people flying their way. Both companies have announced a new long-term joint venture whereby the partners will jointly operate their trans-Atlantic business by coordinating operations and sharing revenues and costs of their trans-Atlantic route network.
The airlines will cooperate on routes between North America and Africa, the Middle East and India, as well as on flights between Europe and several countries in Latin America. The joint venture represents approximately 25 percent of total trans-Atlantic capacity with annual revenues estimated at more than US$12 billion.
The joint venture’s geographic scope includes all flights between North America and Europe, between Amsterdam and India, and between North America and Tahiti. On these routes, the business will be jointly operated with the strategy and economics equally shared among the Air France KLM Group and Delta.
(Source) Press


