U.S. gives tentative approval for expanded Delta, Air France, Virgin joint venture [Reuters]
Delta Air Lines, Inc. (DAL)
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Source: Reuters
U.S. gives tentative approval for expanded Delta, Air France, Virgin joint venture - Reuters 2 Min Read WASHINGTON (Reuters) - U.S. Transportation Secretary Elaine Chao granted tentative approval on Friday for an expanded transatlantic joint venture made up of Delta Air Lines Inc ( DAL.N ), Air France KLM SA ( AIRF.PA ) and Virgin Atlantic. The expanded joint venture would replace two previously approved arrangements in the U.S.-United Kingdom and U.S.-Continental Europe markets and will allow for additional benefits like more options on European flights, a Department of Transportation statement said. The Department tentatively approved antitrust immunity for the joint venture and will require the carriers to report annually on commercial cooperation efforts and provide a detailed assessment after five years, the statement said. In May 2018, the three airlines signed definitive agreements as part of a plan for an expanded transatlantic joint venture. EU antitrust regulators in Feb
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DAL
Earnings
- 4/10/24 - Beat
DAL
Sec Filings
- 4/25/24 - Form 4
- 4/24/24 - Form 4
- 4/24/24 - Form 144
- DAL's page on the SEC website