Delta Air Lines and LATAM have received final approval, without conditions, of their commercial agreement (trans-American Joint Venture Agreement or JVA) by the Brazilian competition authority – the Administrative Council for Economic Defense (CADE) – after initial approval was granted in September 2020.
The JVA seeks to enhance the route networks served by both airlines, delivering a seamless travel experience between North and South America. The Delta-LATAM agreement has also been approved in Uruguay, while the application process continues in other countries, including Chile.
“This ruling reinforces the benefits of this type of agreement for travelers and enables us to advance in our commitment to delivering greater and better connectivity between South America and the world,” said LATAM Airlines Group CEO Roberto Alvo.