Atlanta-based Delta Air Lines and Seoul-based Korean Air have signed a memorandum of understanding to form an antitrust-immunized transpacific joint venture (JV). The SkyTeam members intend “to create a fully integrated transpacific joint venture arrangement, with both airlines sharing the costs and revenues on flights and coordinating schedules for seamless, convenient connections,” Delta and Korean Air said in a joint statement. The carriers’ combined network reaches ...

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