US grants final approval for expanded Delta, Air France, Virgin, KLM joint venture
[WASHINGTON] US Transportation Secretary Elaine Chao on Thursday granted final approval for an expanded trans-Atlantic joint venture for Delta Air Lines Inc, Air France KLM SA and Virgin Atlantic.
Reuters first reported Chao's planned tentative approval of the agreement in August. The expanded joint venture replaces two previously approved arrangements in the US-United Kingdom and US-Continental Europe markets and will allow for additional benefits such as more options on European flights, Ms Chao said in a statement.
REUTER
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Air China to buy 100 locally made C919 jets in US$11 billion deal
Huawei’s smart car tech offers automakers route to China sales
Sri Lanka to hand management of China-built airport to India, Russia companies
Tesla’s plan for affordable cars takes page from Detroit rivals
Toyota is investing US$1.4 billion to build another all-electric SUV in US
Airbus net profit soars 28% in first quarter