LCC

Double Whammy: Overcapacity? Check. Weak Demand? Check. Both, alas, are bedeviling the transatlantic

LCC

Double Whammy: Overcapacity? Check. Weak Demand? Check. Both, alas, are bedeviling the transatlantic

September 2016
1 min read
Seth Kaplan

Issue Overview

With four transatlantic joint ventures between them, it looked like a sure victory for the goliaths. American joined forces with IAG. United locked hands with Lufthansa. And Delta built ventures with Air France/KLM and (separately) Virgin Atlantic. In some cases, these JVs featured other participants such as Finnair, Air Canada and Alitalia. A triopoly was in the making.