Air France and Delta Air Lines are poised to become the mainstay of a major alliance that is expected to take shape in the next few months. In June, Air France selected Delta as its sole U.S. partner to form a strategic venture. They intend to align their commercial policies, combine frequent-flier programs and further coordinate transatlantic operations. No exchange of equity is being planned, and the airlines will retain independent fleet planning, although company officials cited ...
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