Korean Air Joint Venture

Apr 17, 2018 | Joint Ventures, Korean Air, Pacific Flying

Learn more about the Korean Air joint venture. Every joint venture, code share, and ownership stake is unique. Learn more about what makes this relationship different from others. This page reviews the fundamentals surrounding the Korean Air JV, including route structure and other important facts. In addition, this page discusses the timeline involved in this agreement, highlighting various milestones.

Timeline

  • SkyTeam alliance formed with Delta and Korean as two founders
  • Delta and Korean Air announce expanded cooperation
  • JV agreement signed
  • Regulatory approvals attained to launch JV

JV Fundamentals

  • JV will combine to serve more than 290 destinations in the Americas and more than 80 in Asia
  • The airlines will expand codeshare flights on trans-Pacific routes
  • Airlines will share costs and revenues on flights within the scope of the JV
  • Delta currently serves Seoul from 3 cities: ATL, DTW, & SEA
  • Currently, Korean Air’s passenger operations serve 11 U.S. territories and cities with 16 peak day departures to Seoul, compared to Delta’s 3 peak day departures

More about Korean Air

 

One Mile at a Time: Delta Pilots Angry Their Jobs Are Being Outsourced

 One Mile At A Time Blog recently covered Delta pilots' scope concerns Delta Air Lines has spent the past many years building up a global network of airline partners, through a combination of joint ventures and equity investments...Delta’s joint venture partners are...
Read More

Cranky Flyer Takes Stock of Delta’s Investments

Craky Flier covers Delta and The Perils of Investing in Partners It Can’t Control Delta Air Lines and LATAM Airlines have signed their highly anticipated joint venture agreement. The deal promises new levels of interconnectivity when traveling throughout the Americas....
Read More

Skift Covers Potential Collapse of Korean Air in Response to the Corona Virus

Skift recently covered Korean Air Lines warned on Monday that the coronavirus outbreak could threaten its survival after more than half of the world restricted passengers entering from South Korea. Korean Air has grounded about 100 of 145 its passenger aircraft,...
Read More
“”