Last week, the Department of Transportation (DoT) tentatively approved Delta Air Lines and LATAM Airlines Group Joint Venture Agreement (JV). Nonetheless, the DoT expressed several concerns regarding the partnership and the challenges it might face to succeed.
The partnership
Delta and LATAM’s JV and their application for antitrust immunity were submitted on July 8, 2020. The proposed partnership would be a profit and loss-sharing alliance that covers all nonstop flights between North…