Alitalia Joins Air France-KLM Group, Delta Air Lines in Industry’s Leading Trans-Atlantic Joint Venture
Alitalia, Italy’s leading airline, today joined the Air France-KLM Group (OTC: AFLYY) and Delta Air Lines (NYSE: DAL) as a member of the airline industry’s leading trans-Atlantic joint venture. Launched in April 2009, the multi-party agreement created a single, coordinated network for customers flying across the Atlantic, allowing the member airlines to share revenues and costs on their trans-Atlantic routes.
Through the four-way joint venture, passengers have convenient access to the world’s largest trans-Atlantic network, which offers almost 250 flights and approximately 55,000 seats each day, now including 20 daily trans-Atlantic flights to 5 U.S. destinations from Rome and Milan Malpensa airports. With Alitalia’s addition, the joint venture represents approximately 26 percent of total trans-Atlantic capacity, with annual revenues estimated at more than $10 billion USD.
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