EU approves Air France-KLM, Alitalia, Delta deal

Partners offer to help rivals enter market on some routes
The European Union has given antitrust approval to a profit-sharing deal between Air France-KLM, Alitalia and Delta, after the airlines offered to help rivals enter the market on some routes.
The move comes after a three-year European Commission investigation, launched because of possible harm to passengers on routes between New York and both Amsterdam and Rome, as well as to premium passengers flying between Paris and New York.
For 10 years, the three partners will give up slots at Amsterdam, Rome and New York airports and let rivals offer tickets on their flights on these routes.
Global alliances like Star Alliance, oneworld and (in this case) SkyTeam to drive growth in revenue-sharing ventures on key markets.
[photo courtesy SkyTeam]