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Delta Air Lines and Korean Air have reached an agreement to deepen their historic partnership, with an expanded trans-Pacific network that will increase travel choices and boost competition between the U.S. and Asia. The airlines signed a memorandum of understanding to implement a joint venture arrangement, which will offer customers ...
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Delta Air Lines today announced the successful completion of its cash tender offer that commenced on Feb. 13, 2017 through the Mexican Stock Exchange to acquire up to an additional 32 percent of the outstanding capital stock of Grupo Aeroméxico S.A.B. de C.V. for MXN $53.00 per share, which expired ...
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Delta customers will soon gain direct access to Melbourne, Australia, following an announcement by joint venture partner Virgin Australia of plans to launch nonstop service between Melbourne and Los Angeles in 2017. The new route will strengthen the trans-Pacific network offered by Delta and its partner in the region. “Delta ...
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Virgin Atlantic announced Wednesday its pre-tax profit more than doubled in 2015 to $32 million, after a succession of yearly losses. The airline, 51 percent owned by its billionaire founder Richard Branson and 49 percent Delta-owned, says it expects “significant growth” this year in profit as its fuel hedges unwind ...
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The faces gracing the cover of this month’s Sky magazine represent the expanding global reach of Delta’s network, thanks to the airline’s groundbreaking partnerships with other carriers around the world. The CEOs from Delta’s partner airlines of Aeromexico, Air France-KLM, Korean Air, GOL, China Southern, China Eastern, Virgin Atlantic and ...
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Delta and GOL have come a long way in four years, and there is much work going on behind the scenes to make the airline partnership prosperous. Since the airlines announced their alliance on Dec. 7, 2011, the work has been focused on providing increased benefits to customers. The enhanced ...
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This past weekend marked a milestone in Delta's global alliances strategy. The new codeshare agreement between Delta and Aerolíneas Argentinas kicked off, providing customers from both airlines with increased travel options to and from the United States and South America. The new agreement provides customers from both airlines more travel ...
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Delta intends to acquire up to an additional 32 percent of the outstanding capital stock of Grupo Aeroméxico S.A.B. de C.V. through a cash tender offer for MXP$43.59 per share. This investment will strengthen the airlines’ partnership, provide more travel options for customers in the U.S. and Mexico, and deliver ...
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Delta intends to acquire a total of up to 49 percent of outstanding shares of Aeroméxico's parent company, the two airlines said this week. The move would further cement Delta's strong position in Latin America, while benefiting Aeroméxico's customers as well. Currently, Delta and Aeroméxico offer a total of 103 ...
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In the past four years, Delta has invested in four overseas airlines to broaden its global network: the U.K.’s Virgin Atlantic Airways, Shanghai-based China Eastern, Mexico’s Aeromexico and Brazil’s GOL Linhas Aéreas Inteligentes. The moves have allowed Delta to compete more effectively on routes between the U.S. and those carriers’ ...
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SAO PAULO - Delta has filed for regulatory approval to increase its new nonstop service between Orlando and Sao Paulo from four times per week to daily. Delta will begin service in the market four times per week beginning Dec. 19, and expects to start serving the cities on a ...