Re: Delta, Korean Air plan antitrust filing soon-source ...to operate as one.

[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

 



Wow, what a pairing!  One virtual airline with the customer service of
Delta AND the safety record of Korean.

Sheesh.

----- Original Message -----
From: "W Wilson" <wlw-jr@att.net>
To: <AIRLINE@LISTSERV.CUNY.EDU>
Sent: Thursday, March 07, 2002 23:52
Subject: Delta, Korean Air plan antitrust filing soon-source ...to operate
as one.


> NEW YORK, March 6 (Reuters) - Delta Air Lines (DAL), the No. 3 U.S.
carrier,
> and Korean Air Lines (03490) plan to file as early as next week for U.S.
> antitrust immunity to deepen their alliance, a source familiar with the
> situation said.
>
> Atlanta-based Delta and the South Korean flagship carrier are partners
in
> the SkyTeam alliance, but cementing their ties with antitrust immunity
would
> allow them to operate as one carrier by sharing revenues, scheduling and
> pricing.
>
> The two carriers have a code-sharing agreement which will cover service
to
> seven U.S. cites and flights to Seoul, Pusan, Tokyo and Osaka from May.
>
> Delta hopes to ramp up its service in Asia by taking advantage of the
growth
> potential at Seoul's new Incheon airport and its proximity to the
Japanese
> and Chinese markets.
>
>
> SkyTeam partners Delta and Air France (AIRF) last month said they would
> reinstate their code-share agreements with Korean Air, about three years
> after they were halted because the South Korean carrier was involved in
a
> series of crashes.
>
> The U.S. Federal Aviation Authority restored Korea's air safety rating,
> based on International Civil Aviation Organization safety standards, to
> category 1 in December.
>
> Delta Air Line shares fell 37 cents to $36.54 in late-afternoon trading
on
> the New York Stock Exchange.
>

[Index of Archives]         [NTSB]     [NASA KSC]     [Yosemite]     [Steve's Art]     [Deep Creek Hot Springs]     [NTSB]     [STB]     [Share Photos]     [Yosemite Campsites]