Delta Air Lines and Korean Air last week entered into a trans-Pacific joint venture to create a combined network serving more than 290 destinations in the Americas and more than 80 in Asia.
This agreement will augment the two airlines’ capabilities in the trans-Pacific market, and provide the necessary scale and scope to compete in this market, the airlines said in a joint statement.
Other aspects of the joint venture – subject to regulatory approvals – include expanded codesharing in the trans-Pacific market; joint sales and marketing initiatives in Asia and the US; co-location at key hubs; and enhanced frequent flyer benefits for customers of both airlines.
Under the agreement, the airlines will also share costs and revenues on flights within the scope of the joint venture as they work to expand service options.
This agreement is the latest expansion of the longstanding partnership between the two airlines which began in 2000 when both carriers became co-founders of the SkyTeam global airline alliance.
Delta recently launched a new service between Atlanta and Seoul on June 3, 2017. In summer this year, Korean Air will introduce a third flight between Los Angeles and Seoul, as well as a second flight between San Francisco and Seoul.
