American Airlines seeking approval for joint venture with Latam

Wednesday, 15 Jan, 2016 0
American Airlines and South American carrier Latam are planning a strategic business partnership and have applied for anti-trust immunity from government regulators.
 
The two OneWorld alliance members plan to coordinate schedules and revenue share on routes from North America to Brazil, Chile, Columbia, Paraguay, Peru and Uruguay. 
 
By consolidating resources, the joint-venture partnership could lead to more flights and new routes between North and South America, the airlines said.
 
American and Latam already have a codeshare pact which allows each to place their code and sell tickets for some of each other’s flights.
 
If approved, a joint-business agreement would take that a step further.
 
The two carriers could coordinate flight schedules and operate joint marketing initiatives on specific routes.
 
American has similar agreements with other airlines including British Airways, Finnair and Iberia for transatlantic routes and Japan Airlines and Qantas that cover transpacific flights.
 


 

profileimage

TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...