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Jet Airways, Air France-KLM announce tie-up to boost traffic [Reuters]

DELTA AIR LINES (DAL)  More Company Research Source: Reuters
Last delta air lines earnings: 4/12 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
PDF Jet Airways, Air France-KLM announce tie-up to boost traffic | Reuters 2 Min Read MUMBAI (Reuters) - India’s Jet Airways and Air France-KLM announced a partnership to route more traffic through Europe and on to North America, in a potential challenge to Gulf carrier Etihad Airways that is a shareholder in Jet. Indian international air traffic is booming, but much of the growth has been captured by the three big Gulf carriers including Etihad, which owns 24 percent of Jet. The “enhanced cooperation agreement” with Air France-KLM, signed on Wednesday in India’s financial capital Mumbai, is designed to route more traffic and expand the number of flights to Europe and then onwards to the United States. The agreement also includes Delta Air Lines, with which Air France KLM has an existing partnership. International carriers are increasingly tying up on routes in the face of rising competition. The Gulf will continue to be an important market and Jet will not reduce its operations there, Na [Read more]

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