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ATLANTA/SEOUL: June 23, 2017: Delta Air Lines and Korean Air are to create a trans-Pacific joint venture for passenger and cargo services.

Delta and KoreanSubject to regulatory approvals the two airlines plan to share costs and revenue to increase belly cargo cooperation; expand codesharing; combine sales and marketing in Asia and the U.S.; establish a 'one roof' operation at key hubs for seamless transits; and provide customers with reciprocal frequent flyer benefits.

The agreement is the latest expansion of a partnership that began in 2000 as members of SkyTeam and will provide more than 290 destinations in the Americas and more than 80 in Asia.

"Delta and Korean Air are building a world-class partnership that will offer more destinations, outstanding airport facilities and an unmatched customer experience on the trans-Pacific," said Ed Bastian, Delta's CEO.

"Now is the right time for this JV. The synergies we're creating will build stronger and more sustainable companies, and this is good for travelers, our companies and our countries," added Korean Air chairman, Y.H. Cho.

Korean Air said it would introduce a third weekly flight from Seoul to Los Angeles and a second service to San Francisco this summer.

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