On Thursday, the Department of Transportation (DOT) tentatively granted approval and antitrust immunity to the alliance agreements between Delta Air Lines and LATAM Airlines Group. Both companies look to launch a joint venture agreement (JVA) to plan, price, and share revenues and costs covering routes between the United States and Canada on one end and the South American region on the other. Nonetheless, the two carriers still have to follow certain remedies for the DOT to fully approve the JVA. Let’s investigate further.
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