SF Gate: Delta, Korean Air apply for U.S. antitrust immunity

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This article was sent to you by someone who found it on SF Gate.
The original article can be found on SFGate.com here:
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inancial2154EST0421.DTL
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Wednesday, March 13, 2002 (AP)
Delta, Korean Air apply for U.S. antitrust immunity



   (03-13) 18:54 PST SEOUL, South Korea (AP) --
   Delta Air Lines and Korean Air have filed for an antitrust exemption from
the U.S. government that would let them broaden their partnership, both
companies said Thursday.
   The application, filed with the U.S. Transportation Department on
Wednesday, will help the two carriers coordinate prices, share some
revenues and closely align their routes and services, a joint news
statement said.
   The alliance will "increase trans-Pacific competition by allowing Delta
and Korean Air to better compete on equal terms with the networks of rival
global alliances," it said.
   Korean Air expects that the U.S. regulators would need about six months =
to
review the application.
   If approved, the exemption would mark the first time that immunity has
been granted to an Asian carrier. Washington in January granted antitrust
immunity to Delta and its three European airline partners_ Air France,
Alitalia and CSA Czech Airlines.
   Delta and Korean Air are already partners in the SkyTeam alliance, which
also has Aeromexico, Alitalia and CSA Czech as members. The alliance
includes flight-sharing and frequent flyer programs.
   Last month, Delta lifted a 21/2-year ban on code-sharing with Korean Air,
which was imposed because of concerns over the South Korean carrier's
safety record.
   The codeshare agreement allows an airline to sell and market some seats =
on
another carriers as its own.

On the Net:
   www.delta.com
   www.koreanair.com

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Copyright 2002 AP

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