Delta expects Korean Air tie-up approval by June
Delta Air Lines expects South Korean regulatory approval of its proposed joint venture with Korean Air in the first half of this year, says CE Ed Bastian. The carriers plan to begin implementing the partnership, which will allow them to more closely coordinate transpacific flying, as soon as they receive the approval, he said Thursday. However, he does not provide a target launch date. Delta and Korean Air received US regulatory approval for the tie-up in Nov 2017. The airlines will be able to coordinate schedules and fares between South Korea and the US, jointly sell and market their flights, and share revenues under the planned partnership. However, US regulators have barred them from being exclusive partners in the market. For example, Delta cannot stop Korean Air from codesharing with Hawaiian Airlines and vice versa. <br/>
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Delta expects Korean Air tie-up approval by June
Delta Air Lines expects South Korean regulatory approval of its proposed joint venture with Korean Air in the first half of this year, says CE Ed Bastian. The carriers plan to begin implementing the partnership, which will allow them to more closely coordinate transpacific flying, as soon as they receive the approval, he said Thursday. However, he does not provide a target launch date. Delta and Korean Air received US regulatory approval for the tie-up in Nov 2017. The airlines will be able to coordinate schedules and fares between South Korea and the US, jointly sell and market their flights, and share revenues under the planned partnership. However, US regulators have barred them from being exclusive partners in the market. For example, Delta cannot stop Korean Air from codesharing with Hawaiian Airlines and vice versa. <br/>
