U.S. approves Joint Venture between Delta Air Lines and LATAM Airlines
The U.S. Department of Transportation (DOT) granted approval for the Joint Venture (JV) between Delta Air Lines and LATAM Airlines Group, which will allow the airlines to enhance the travel experience for their passengers and cargo customers by offering new benefits, including improved service and more routes to be added to the codeshare routes.
Once the JV is implemented, the airlines will work to create this trade agreement between the U.S./Canada and South America (Brazil, Chile, Colombia, Paraguay, Peru and Uruguay). Details on the benefits of this agreement will be shared in the coming months.
“The JV between Delta and LATAM will help grow the market between North and South America, providing significant benefits for much-needed customers. We applaud the DOT for this final approval,” said Ed Bastian, CEO of Delta Air Lines.
“The DOT’s approval will kick-start work with Delta to deliver more and better benefits to LATAM and Delta customers, such as more expedited connections, joint mileage accrual in frequent flyer programs, among many others. I am confident that, over time, we will be able to offer the best connections while incorporating a sustainable view of the future,” said Roberto Alvo, CEO of LATAM Airlines Group.
Delta and LATAM announced their first agreement in 2019, with the goal of significantly expanding travel options in North and South America and delivering an industry-leading customer experience. Since then, the airlines have achieved a series of milestones including mutual mileage accrual/redemption and reciprocal passenger benefits; shared terminals at airports including New York (JFK), São Paulo/Guarulhos and Santiago; and mutual access to 53 Delta Sky Club lounges in the United States and 5 LATAM Lounges in South America, including the new exclusive Delta Sky Club in Los Angeles and the new LATAM Lounge Santiago in Chile, the largest lounge in South America.
In 2020, Delta and LATAM introduced their first codeshare services in South America, and in 2021 expanded to more than 20 routes, plus connections to a wide range of domestic and regional destinations from their hubs in Atlanta, New York and Los Angeles, Santiago, Lima, Bogota and São Paulo, enhancing connectivity between the two regions.
Plataforma Informativa de Aviación Comercial líder en América Latina.