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U.S. Transportation Secretary Elaine Chao is set to grant tentative approval on Friday for an expanded transatlantic joint venture including Delta Air Lines Inc, Air France KLM SA and Virgin ...
On 17 October 2007, the creation of a profit and revenue-sharing transatlantic joint venture between Air France-KLM and Delta Air Lines was announced during a press conference at Air France-KLM's headquarters. The venture became effective on 29 March 2008.
It did not appear that KLM's longstanding joint venture with Northwest Airlines—which merged with Delta Air Lines in 2008—was affected by the merger with Air France. KLM and Northwest joined the SkyTeam alliance in September 2004.
This is a list of airline holding companies, that either own more than one airline or are the parent company of a single airline.. A company or firm in which the holding company owns a significant portion of voting shares, usually 20–50% or a "minority of share ownership", is known as an associate company.
In July 2010, Alitalia also joined Air France, KLM and Delta's transatlantic joint venture, meaning that the profits from flights across the Atlantic would be shared between the four airlines. [104] On 21 May 2020, Alitalia left the SkyTeam Transatlantic Joint Venture. [ 56 ]
SkyTeam Cargo is the cargo division of SkyTeam. As of April 2024, the cargo alliance comprised nine members from the passenger alliance: Aeroméxico Cargo, Air France-KLM Cargo (include Air France Cargo and KLM Cargo), China Cargo Airlines, Czech Airlines Cargo, Delta Cargo, ITA Airways Cargo, Korean Air Cargo and Saudia Cargo. [147]
Subject to regulatory approval, Air France-KLM, Delta Air Lines and Virgin Atlantic agrees on their expanded joint venture on transatlantic flights; Air France-KLM will acquire 31% of Virgin Atlantic from Virgin Group for £220 million which will retain 20% and Chairmanship while Delta will retain its 49%. [67]
In February 2011, Air France-KLM and Delta Air Lines were working together to examine a bid for Virgin Atlantic as Richard Branson had a 51 percent stake and the rest is held by Delta. [10] In August 2011, Air France-KLM was categorized as one of World's 10 safest airlines. [11] In December 2013, Air France-KLM sold its subsidiary CityJet to ...
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