The trans-American Joint Venture Agreement signed by Delta Air Lines and LATAM last year has been approved in Brazil.
“This final approval in Brazil furthers our mission to provide customers in this important market with the world-class travel experience and options they deserve. Moving forward, we will continue working with LATAM to unlock more benefits for our customers and create the premier airline alliance of the Americas,” said Delta CEO Ed Bastian
Delta purchased a 20% stake in LATAM last September 2019 before signing a codeshare agreement which eventually led to the joint venture.
The joint venture agreement was signed on May 2020 despite LATAM filing for bankruptcy that month.
The agreement has already been also approved in Uruguay while Chile has not yet made any announcements.
With the joint venture, passengers will be able to go further on a single itinerary through codesharing while traveller miles would be equally earned in both carriers.
Delta and LATAM will also share terminals at T4 in New York’s JFK Airport and at T3 at São Paulo’s Guarulhos Airport for faster connecting flights.
Skylounges would now be accessible for fliers from both airlines in all locations.
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