SkyTeam Co-operation Worth Millions

22nd May 2003

New commercial co-operation on transatlantic routes between four US and European members of the global SkyTeam airline alliance is expected to generate revenues of around USD$100 million dollars over the next three years.

The alliance`s governing board said today Air France, Alitalia, CSA Czech Airlines and Delta Air Lines have established a revenue sharing program.

It has been made possible as a direct result of anti-trust immunity granted by the U.S. Department of Transportation in 2002 to the four carriers which allows them to integrate flight schedules, co-ordinate aircraft utilization, align pricing and enhance customer services.

The same carriers, together with Korean Air, also received ATI for trans-Pacific routes in June 2002, making SkyTeam the first alliance with both trans-Atlantic and trans-Pacific clearance

Aeromexico, the sixth member of the alliance, cannot be part of the new co-operation at the moment due to the lack of an open skies agreement between the USA and Mexico.




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