Delta and Korean Air received conditional approval for their transpacific joint venture from the Korean government on Thursday. The airlines previously received approval from the US Department of Transportation back in November. The carriers say they intend to launch their partnership during the first half of this year if the conditional approval leads to an official okay from the Fair Trade Commission (as they expect). The joint venture will create a combined network serving more than 290 destinations in the Americas and more than 80 in Asia.
“Following the approval, the Korean Air-Delta joint venture will be able to provide both airlines with expanded offerings and alternatives to customers,” said a Korean Air official, adding that both sides are doing simulations of flight schedules and route adjustments.
Who is ready for some Medallion Qualification Dollars (MQDs) earnings and enhanced SkyMiles accrual rates?