SOUTH KOREA: Korean pulls out of SkyTeam cargo alliance
Korean Air has terminated its involvement in the SkyTeam joint venture cargo sales alliance that had been formed with SkyTeam partners Delta and Air France. The Asian carrierÃ¢â‚¬™s withdrawal effectively ended the joint venture after Delta Cargo decided to pull out late last year. Korean will now sell its cargo capacity in the US and […]
November 1, 2009
The SkyTeam joint venture had been widely regarded as the most integrated effort in the air cargo alliance arena that gradually lost steam starting from about 2000.
Members of the rival WOW group Ã¢â‚¬“ Lufthansa, SIA, JAL and SAS Ã¢â‚¬“ have never officially confirmed the end of their joint effort, but carrier executives have admitted on various occasions that it is effectively dead.