In a deal clearly inspired by the KLM-Northwest Airlines transatlantic joint venture, Air France and Delta Air Lines yesterday confirmed the creation of 50-50 JV to share revenues and costs on their transatlantic operations. The first phase will begin in April 2008 and run through March 2010 and will include all nonstop flights operated by both carriers between AF's Paris Charles de Gaulle, Paris Orly and Lyon hubs and DL's Atlanta, New York JFK, Cincinnati and Salt Lake City hubs. As the ...

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