Delta Air Lines and Korean Air launched a joint venture partnership on transpacific routes on May 1, 2018 and offer an enhanced and expanded network, industry leading products and service, and a more seamless customer experience between the U.S. and Asia.
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Delta has completed the acquisition of a 10 percent equity stake in Hanjin-KAL, the largest shareholder of Korean Air. This investment furthers Delta’s strategy of building equity stakes in its global partners and demonstrates the airline’s commitment to the success of its joint venture with Korean Air.
“Together with the team at Korean Air, we have a vision to deliver the world’s leading trans-Pacific joint venture for our shared customers, offering the strongest network, the best service and the finest experience connecting the U.S. with Asia,” said Delta CEO Ed Bastian. “This is already one of our fastest-integrating and most successful partnerships, and experience tells us this investment will further strengthen our relationship as we continue to build on the value of the joint venture.”
Delta and Korean Air operate the industry’s most robust trans-Pacific joint venture, providing customers with seamless access to more than 290 destinations in the U.S. and over 80 destinations in Asia, including the partnership’s award-winning hub at Seoul-Incheon (ICN).
Steve Sear, Delta's President – International and Executive Vice President of Global Sales, spoke with Delta News Hub one year into the approval of the airline's joint venture with Korean Air about what customers, employees and others can look forward to in 2019 and beyond.