CLEAN: Air France-KLM, Delta launch translatlantic joint venture

The video discusses the landmark joint venture between Delta Air, France, and KLM, highlighting its unprecedented nature. It covers legal and governance issues, operational adjustments made to avoid layoffs during a crisis, and clarifies the US-EU Open Skies agreement.

Which airlines are involved in the landmark joint venture agreements?

• Qantas and Singapore Airlines

• Lufthansa and Emirates

• American Airlines and British Airways

• Delta Air, Air France, and KLM

What is a key feature of the joint venture arrangement mentioned?

• It is a routine agreement

• It is a merger

• It is unprecedented

• It is temporary

What governance concept is mentioned in the second section?

• Community consensual governance

• Autocratic governance

• Democratic governance

• Corporate governance

What strategy did the airlines use to manage the crisis without layoffs?

• Increasing ticket prices

• Cutting employee salaries

• Reducing capacity and not hiring additional staff

• Merging with other airlines

What is the airlines' policy if the crisis worsens?

• To hire more staff

• To continue with the current policy unless the crisis sharpens

• To immediately lay off staff

• To merge with another airline