Delta Air Lines Inc. is one step closer to conquering Asia.

The Atlanta-based airline (NYSE: DAL) and Korean Air signed a memorandum of understanding to implement a joint venture arrangement, “which will offer customers access to the most comprehensive route network, industry-leading airline products, world-class airport facilities and a seamless customer experience.”

Bloomberg reported Feb 26 a joint venture between Delta and Korean Air could have about 14 percent of the trans-Pacific market…