WASHINGTON (Reuters) – U.S. Transportation Secretary Elaine Chao on Thursday granted final approval for an expanded trans-Atlantic joint venture for Delta Air Lines Inc (N:), Air France KLM SA (PA:) and Virgin Atlantic.
Reuters first reported Chao’s planned tentative approval of the agreement in August. The expanded joint venture replaces two previously approved arrangements in the U.S.-United Kingdom and U.S.-Continental Europe markets and will allow for additional benefits such as more options on European flights, Chao said in a statement.
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