Alitalia in North Atlantic pact

THE NORTH ATLANTIC joint venture set up by the Air France-KLM Group and Delta Air Lines is being joined by Alitalia with Rome as a core hub.  Launched in April 2009, the multi-party agreement created a single, co-ordinated network for passengers who could gain maximum flexibility in their journey between Europe and the United States.  It also allowed the member airlines to share revenues and costs on these routes.  With Alitalia's addition, the joint venture represents approximately 26% of total transatlantic capacity.  The arrangement is covered by antitrust immunity granted by the US and European governments.  Unlike Skyteam, to which all the airlines belong, the joint venture is a commercial operation with profits (losses too) being taken by the participants. www.alitalia.com

Index/Home page
 

OUR READERS' FINEST WORDS (All times and dates are GMT)

All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum