Seoul approves Delta-Korean Air transpacific joint venture

Delta Air Lines and Korean Air’s transpacific network JV has been cleared to proceed after being approved by South Korean regulators. The approval from Seoul follows US DoT approval that was granted in Nov 2017. The transport ministry says that the two carriers will be required to maintain their present level of capacity on US routes, and it will be subject to a review after 3 years. The two airlines say the joint venture will give passengers seamless connections to 290 destinations in the Americas, and 80 across Asia. It will see the carriers optimise their schedules, undertake joint marketing and sales activity, improve loyalty programme benefits and integrate their IT services. Delta CE Ed Bastian has previously indicated that the carriers will start working together shortly after securing regulatory approval from Seoul. <br/>