As a lurker on this forum for many years I've read a lot about the Joint Ventures (JV) between AF and DL and the proposed one with VS, but what exactly does that entail?
Does, for instance in the case of MIA-LHR, VS figure out it costs $90K to fly the lump of metal from MIA-LHR and if DL agrees to a 50% JV on this flight, DL will pay 50% of the cost ($45K) and can sell up to 50% of the seats split across the three classes?
Does, for instance in the case of MIA-LHR, VS figure out it costs $90K to fly the lump of metal from MIA-LHR and if DL agrees to a 50% JV on this flight, DL will pay 50% of the cost ($45K) and can sell up to 50% of the seats split across the three classes?