DOT Gives Tentative Approval to New Delta, Virgin Atlantic, Air France, KLM Joint Venture

By Paul Riegler on 2 August 2019
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A Virgin Atlantic 787-9 Dreamliner

A Virgin Atlantic 787-9 Dreamliner

A new joint venture between Delta Air Lines, Air France, KLM, and Virgin Atlantic Airways got the tentative go-ahead from U.S. Department of Transportation late Friday.

The move will grant global antitrust immunity between Delta Air Lines, Société Air France, Koninklijke Luchtvaart Maatschappij, and Virgin Atlantic Airways and replaces two separate transatlantic joint venture agreements Delta is in: one with Virgin Atlantic and the other with Air France and KLM.

Once it gets final approval following a 14-day period for public comment, the agency will revoke antitrust immunity amongst the four airlines from the previous agreement as well as amongst CSA Czech Airlines and Alitalia Compagnia Aerea Italiana after a six-month period.

The antitrust immunity will be subject to a five-year review.

The DOT emphasized in its ruling that the new joint venture application was the replacement of two separate, and approved, alliance agreements with a single, integrated agreement.

(Photo: Accura Media Group)

Accura News

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