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DOT grants antitrust immunity for Delta’s U.S.-Europe joint venture

antitrust immunity for Delta

The U.S. Department of Transportation has finalized its decision to grant antitrust immunity to an expanded U.S.-Europe joint venture between Delta Air Lines and Air France, KLM and Virgin Atlantic.

The new joint venture replaces two previously approved deals — one between Delta and Air France-KLM and another between Delta and Virgin Atlantic — that have been operating in parallel.

Antitrust immunity will allow the airline partners to coordinate on prices and schedules and to share revenue on flights in the U.S.-Europe market, instead of competing against each other.

Source: Kelly Yamanouchi | AJC