Freight News, Air

Korean Air & Delta Sign MOU for Joint Venture Creating Most Comprehensive Trans-Pacific Network

[ April 13, 2017   //   ]

Korean Air and Delta, founding members of SkyTeam, are expanding their historic partnership with an increased cooperation in the trans-Pacific region that will provide more travel choices and boost competition between the U.S. and Asia.

The airlines signed a memorandum of understanding to form a joint venture to give their customers access to the most comprehensive network in the trans-Pacific market, industry-leading products, world-class airport facilities and a seamless customer experience.

Present at the ceremony were Walter Cho, Korean Air’s President and COO; Y. H. Cho, Chairman and CEO of Korean Air; Delta CEO Ed Bastian, and Steve Sear, Delta’s President – International and Executive Vice President – Global Sales.

Highlights of the agreement, subject to regulatory approvals contracts, include:  The intent to create a fully integrated trans-Pacific joint venture with both airlines sharing flight costs and revenues, and coordinating schedules for seamless, convenient connections.  A combined network serving more than 290 destinations in the Americas and more than 80 in Asia, offering customers of both airlines more travel choices than ever before.  Enhanced frequent flyer benefits, giving customers of both airlines the ability to earn and redeem miles on Delta’s Sky Miles and Korean Air’s SKYPASS programs.


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