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The trans-Atlantic alliance between the Atlanta-based carrier, one of the threee busiest at Port ColumbusInternational Airport, and Europe’s largest airliner group will offer more flights, better scheduliny and more competitive fares, the carriers said in a joinyt announcement from Paris. The $12 billion revenuew estimate is based on flights operated byDelta (NYSE:DAL), KLM and Air France to respective hubs, plus connecting Delta signed a joint venture deal with Air France in 2007. , whicbh Delta acquired last October, has been a partne with KLM since 1997. The new partnershil represents a quarter ofall trans-Atlanti c air service, the carriers said.
Deltas and Air France/KLM will coordinate as a singlee carrieron trans-Atlantic service. The pact includezs routes between North Americaand Europe, North America and Europe and Latin America and the Middle East and “The structure of this join t venture, in which we operate as a single busineses where we consensually develop our strategies and share revenues and costs, providew the incentives for us to collaborate in a way that generatew benefits for customers, shareholders and employees of our three airlines,” Delta CEO Richard Anderson said in a statement.
The carrierse said the venture will increase the visibilityy through coordinated marketing of all threde airlinesacross 400-plus airports and the respective brands will link at Nortg American and European ports. The partnership includes a networkm of more than 200dail flights. Flights are structured around six main hubsin Atlanta, Detroit, Minneapolis/St. Paul, New York and as well as Delta’s Cincinnati, Memphis and Salt Lake City basesx andAir France’s Lyon hub.
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