Delta, Latam sign joint venture agreement

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Delta Air Lines and Latam are moving forward with their partnership plans, having signed a trans-American joint venture agreement that will combine the carriers' networks between North and South America, pending regulatory approval.

The agreement is the latest step in the carriers' partnership, announced last September, which already has included codeshare agreements, reciprocal frequent flyer benefits and collocation at airports in New York and São Paulo. CEOs of both carriers said despite the impact of the Covid-19 crisis on the aviation industry, the alliance still is a priority.

"While we remain focused on navigating the Covid-19 crisis and protecting the safety and well-being of our passengers and employees, we also have to look to the future to ensure the best possible customer experience and support the long-term sustainability of the group," Latam CEO Roberto Alvo said in a statement.

Source: Business Travel News

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