Home / Business and Economy / US Airlines Forge New Alliances Amid Cost Surge
US Airlines Forge New Alliances Amid Cost Surge
23 Apr
Summary
- American and Alaska Airlines explore revenue sharing.
- Partnerships aim to scale up operations against rising costs.
- Discussions include integrating Alaska into American's joint ventures.
American Airlines Group Inc. and Alaska Air Group Inc. are exploring strategic partnerships, including potential revenue-sharing agreements. These discussions aim to enhance operational scale amidst rising costs and significant competition within the US airline industry. The possibility of a merger was considered but did not advance.
Currently, the focus is on integrating Alaska Airlines into American's existing joint business ventures, such as its transatlantic partnership with British Airways and its Pacific joint business with Japan Airlines. Such agreements allow airlines to coordinate schedules and share revenues on approved routes.
