Last week, the European Commission and the U.S. Department of Justice approved the Delta/Virgin transaction, clearing the way for Delta's announcement that it will put its code on 17 Virgin Atlantic routes, while Virgin Atlantic will put its code on 91 Delta routes. The U.S. Department of Transportation continues to review the two carriers' application for antitrust immunity enabling a proposed joint venture operation between the U.S. and the U.K.
ATI would enable the carriers to jointly discuss pricing and scheduling and to split revenues. Bastian said the carrier expects to have ATI approval in the coming months. "We will initiate the joint venture at the start of 2014," he said. "We will then share revenues as well." Going forward, Virgin Atlantic said it will consider whether to join Delta in the Skyteam alliance.
-- Written by Ted Reed in Charlotte, N.C.>To contact the writer of this article, click here: Ted Reed