Delta, Korean Air in joint venture talks to deepen alliance

Seoul

KOREAN Air Lines Co is in talks with Delta Air Lines Inc for a joint venture in a move that would give the second-largest US carrier a bigger foothold in Asia where rising incomes are fuelling a boom in air travel.

Details of the partnership would be disclosed later, the Asian airline's president Walter Cho told reporters at a briefing in Seoul's Incheon airport on Monday, declining to elaborate. A Delta spokesman in Tokyo didn't immediately respond to an email seeking comments.