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‘Delta’s Korean Air pact could become joint venture’

  Bloomberg A flight-sharing partnership between Delta Air Lines Inc. and Korean Air Lines Co. could transform into a joint venture, the US carrier’s Chief Executive Officer Ed Bastian said. The code-share agreement between the two operators “could lead to deeper relationship” with the possibility of becoming a joint venture, Bastian said at an event in Atlanta, where Delta is ...

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Airbus gets US nod to deliver planes to Iran

  Bloomberg Airbus announced on Wednesday that the U.S. government has granted it a license to sell the first 17 airplanes involved in a landmark deal with Iran made possible by last year’s nuclear agreement. The announcement comes as Iranian leaders and U.S. officials are gathered this week in New York for the United Nations General Assembly and serves as ...

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Air France plans low-cost startup to repel long-haul rivals

  Bloomberg Air France-KLM Group said it’s examining a range of options for entering the low-cost, long-haul travel market in a move that would parallel developments at German rival Deutsche Lufthansa AG. Europe’s largest airline has been working on plans for the venture for more than a year as it seeks to respond to competition from carriers including Norwegian Air ...

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