Delta Boosts Korean Air JV With Hanjin-KAL Investment

Credit: Delta Air Lines
PARIS—Delta Air Lines has acquired a 4.3% percent equity stake in Hanjin-KAL, Korean Air’s largest shareholder, setting the stage for even closer cooperation between the two joint-venture (JV) partners.The Atlanta-based carrier said it intends to increase the stake to 10% “over time, after receiving...

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