Reading Time: 2 minutes Delta Air Lines and Korean Air have reached an agreement to create a leading trans-Pacific joint venture in both scope and service, offering an enhanced and expanded network, industry-leading products and service and a seamless customer experience between the U.S. and Asia. The agreement deepens their historic partnership, which spans nearly two decades. ​ Delta […]

Reading Time: < 1 minute India and Russia agreed to strengthen bilateral cooperation in the aviation sector by setting up joint ventures in the field of manufacturing, as India is set to become the third largest global aviation market by 2020. “The Regional Connectivity Scheme of the government of India provides an opportunity for strengthening cooperation in joint production and […]

Reading Time: < 1 minute United Airlines (UAL) and Lufthansa Cargo have signed a joint venture agreement for extensive cargo cooperation on routes between the U.S. and Europe. The cargo joint venture partners plan to provide a wide range of benefits to customers by cooperating on the availability of their capacity and aligning booking and handling processes. The carriers’ joint […]

Reading Time: 2 minutes The Department of Transportation has tentatively approved an application by Delta and Aeromexico to jointly operate flights between the countries. But approval would require the carriers to surrender a portion of departure and landing rights to low-cost competitors at capacity-restrained Kennedy Airport in New York and Benito Juarez International Airport in Mexico City. If the […]

Reading Time: < 1 minute The signing of the agreement was in the presence of Indian Prime Minister Narendra Modi and Russian President Vladimir Putin. “The joint venture for local production of the helicopter is a profoundly new and substantial step in the development of cooperation beyween India and Russia. The fleet of Russian-made helicopters in India is over 400 […]

Reading Time: 2 minutes The U.S. Department of the Army has awarded a contract to the Advanced Turbine Engine Company (ATEC) – a joint venture of Honeywell and Pratt & Whitney – for the development and demonstration of advanced engine capabilities that could be applicable to a new fleet of future vertical lift combat helicopters. The contract, part of […]

Reading Time: 2 minutes Today, at the Palais de l’Elysée in Paris, in the presence of the French President, Safran Aircraft Engines and Air France Industries KLM Engineering & Maintenance signed a Memorandum of Understanding concerning the creation of a joint company dedicated to the repair of aircraft engine compressor blades. The new company’s business will specifically concern CFM56 […]