Air France, Delta Air Lines and Korean Air Open U.S. Cargo Sales Joint Venture Headquarters

Air France, Delta Air Lines and Korean Air have announced the opening of the U.S. Cargo Sales Joint Venture world headquarters in Atlanta. Participating in the event were Air France Chairman and Chief Executive Officer Jean-Cyril Spinetta, Delta Air Lines President and Chief Operating Officer Frederick W. Reid and Korean Air Chairman and Chief Executive Officer Yang-Ho Cho.

"The opening of the Joint Venture headquarters brings Air France, Delta and Korean Air together even more as a team," said U.S. Cargo Sales Joint Venture CEO Bernard Frattini. "We are well on our way to changing the face of the cargo industry, and offering our customers a truly global product for their logistical needs."

The Joint Venture headquarters is located in a building adjacent to Atlanta Hartsfield International Airport. The 11,000-square-foot office features a cargo reservations call center, and is staffed by an international team of 56 people, including the Joint Venture officers and Finance, Human Resources, Revenue Management, Marketing and Technical Support.

The U.S. Cargo Sales Joint Venture will offer customers the benefits of a combined sales force, centralized reservation and service center, comprehensive route network and common product line. The Joint Venture will have branches in 14 locations throughout the United States, and regional offices in Atlanta, New York, Chicago and Los Angeles.

The company is equally owned by Air France, Delta and Korean Air, and governed by a joint Board of Directors. It is scheduled to begin full operations in January 2002.