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WestJet, Delta to Form Joint Venture

WestJet and Delta Air Lines are enhancing their existing partnership by entering into a “comprehensive transborder joint venture” that will increase travel choices between Canada and the US.

The airlines have entered into a preliminary memorandum of understanding regarding their intention to deepen their existing partnership to form an commercial joint venture arrangement, which will offer customers access to an “extensive transborder route network, world-class airline products, enhanced frequent flyer benefits, shared airport facilities and amenities, and a more seamless travel experience.”

Highlights of the planned joint venture arrangement, subject to board approvals, execution of definitive agreements and applicable regulatory approvals, include: co-ordinated flight schedules for new nonstop flights to new destinations, expanded codesharing and seamless and convenient connections on the airlines’ extensive networks in the US and Canada; enhanced frequent flyer benefits, including reciprocal benefits for top tier members of both airlines.

“This agreement will bring heightened competition and an enriched product offering to the transborder segment, both of which will benefit our guests,” said Ed Sims, WestJet executive vice-president, Commercial. “This is an important step in WestJet’s mission to become a global airline. We are delighted to be working with the premier US carrier, Delta Air Lines, in this joint venture.”

(http://www.westjet.com)

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