CORRECT: Air Berlin In Talks With Oneworld Partners Over Code Sharing
August 26 2010 - 8:48AM
Dow Jones News
German carrier Air Berlin PLC (AB1.XE) is in talks with partners
from the Oneworld airline alliance to launch its first code share
flights from November, Chief Executive Joachim Hunold said
Thursday.
Oneworld is a group of 11 airlines, including AMR Corp.'s (AMR)
American Airlines and British Airways PLC (BAY.LN). In July, Air
Berlin signed an agreement to join the alliance in 2012.
"We're in concrete talks with American Airlines over code share
flights that we'd like to start in November. The same applies for
Finnair Oyj (FIA1S.HE), Hunold said on a conference call.
He added that talks with British Airways and Iberia Lineas
Aereas de Espana SA (IBLA.MC) over code share flights that would
start with the summer flight schedule 2011 are due to start
shortly.
In a presentation published on Air Berlin's website, the company
said it intends to expand its position in the transatlantic and
U.S. market by entering code share agreements with American
Airlines and British Airways.
Tapping American Airlines' access to the U.S. would offer an
"incremental market potential" of 2.4 million passengers a
year.
A code share agreement with British Airways would offer
"incremental market potential" of 1.7 million passengers a year on
transatlantic flights between the U.K and North America, it
added.
Air Berlin is also seeking code share agreements with Finnair to
get access to the Asian market.
Agreements with Iberia would open the door to the South American
market, Air Berlin said.
-By Jan Hromadko, Dow Jones Newswires; +49 69 29 725 503;
jan.hromadko@dowjones.com
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