Delta completes Korean Air investment

Delta has completed the acquisition of a 10% equity stake in Hanjin-KAL, the largest shareholder of Korean Air. This investment furthers Delta’s strategy of building equity stakes in its global partners and demonstrates the airline’s commitment to the success of its joint venture with Korean Air.“Together with the team at Korean Air, we have a vision to deliver the world’s leading trans-Pacific joint venture for our shared customers, offering the strongest network, the best service and the finest experience connecting the U.S. with Asia,” said Delta CEO Ed Bastian. “This is already one of our fastest-integrating and most successful partnerships,