Air France and Delta Air Lines signed a joint venture agreement to share revenues and costs on their trans-Atlantic routes. The deal will encompass combined revenues of approximately $1.5 billion annually during the first phase of the operation and more than $8 billion annually for the second phase.

Iberia has signed an exclusive contract with the Pluna company under which it will carry out A-type inspections of a Boeing B-767 flown by the Uruguayan carrier at its Madrid maintenance shops. The contract has a one-year duration.

Air Comet Chile, known until recently as Aerolineas del Sur, is now the largest domestic carrier after LAN Chile, with 18 percent of the market. The figure represents a 10 percent increase in market-share in just under a year.

Air Jamaica will launch service four days a week from Miami to Grenada via Montego Bay, Jamaica, effective November 4. The flights will operate on Tuesdays, Wednesdays, Fridays and Saturdays, using Airbus A320 aircraft.

Caribbean Airlines took over control of the air bridge between Trinidad & Tobago from Tobago Express.

Air Canada is expanding service to Venezuela, and Trinidad and Tobago this spring with designated, nonstop flights to each country that will provide greater convenience and better connections for travelers.