Airlines Delta and LATAM sign trans-American Joint Venture Agreement
- Delta Air Lines
Delta Air Lines and LATAM Airlines Group have announced that a Joint Venture Agreement has been signed.
The Joint Venture Agreement was established for the trans-American market. Delta and LATAM hope to utilize their specific strengths and networks in the market. The regulatory approvals are yet to be granted by the aviation authorities.
Both airlines´ network will lead for a more seamless travel experience and industry-leading connectivity. Delta and LATAM have already worked together by signing for a strategic alliance last year.
Delta CEO Ed Bastian said: “Late last year, we set out to build the leading strategic alliance in Latin America together with LATAM, and while the industry landscape has changed, our commitment to this joint venture is as strong as ever [...] Even as our carriers contend with the impact of COVID-19 on our business and take steps to protect the safety of our customers and employees, we are also building the airline alliance we know they’ll want to fly in the future.”
Roberto Alvo, CEO, LATAM Airlines Group added: “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 [...] Our bilateral strategic alliance with Delta remains a priority and we firmly believe that it still promises to offer customers the leading travel experience and connectivity in the Americas.”
Since September last year, the airlines have achieved various milestones in their framework agreement. For example, codeshare agreements in Peru, Ecuador, Colombia and Brazil allowed passengers to buy flights and access onward destinations in their respective networks. This was expanded to cover long-haul flights.
Furthermore, the frequent flyer benefits have been connected, with Delta SkyMiles members being able to earn and use miles on LAPAM flights, while LATAM Pass members can earn and use miles on Delta flights across the network.
At hub airports, customers can easily connect between Delta and LATAM flights, without the need to check-in baggage again. Least but not last, customers have mutual lounge access in New York JFK and Bogota.
Source © latamairlinesgroup.net