Knowra Airline alliance Airline alliance An airline alliance is a partnership among airlines that coordinates services such as connections, loyalty benefits, or shared facilities while each airline remains a separate company.
Codeshare agreement : An agreement in which one airline markets a flight operated by another under its own flight number. Codeshares let alliance members sell seats on one another’s flights and expand connecting itineraries.
Star Alliance : A global airline alliance founded in 1997 by five airlines. It is one of the three largest worldwide airline alliances.
Joint venture : A business arrangement in which firms share control, investment, or profits in a defined activity. Some airline joint ventures coordinate prices and capacity more deeply than ordinary alliance membership.
Network effect : A phenomenon in which a service becomes more useful as more people or organizations participate. More member airlines can make an alliance network more useful by adding destinations and connections.
Frequent-flyer program : A customer loyalty program that awards benefits or rewards for travel and related purchases. Alliance members commonly let passengers earn and redeem points across participating airlines.
SkyTeam : A global airline alliance founded in 2000 by Delta Air Lines, Air France, Aeroméxico, and Korean Air. Its member network illustrates how alliances link carriers across regions.
Airline merger : A transaction that combines two airlines into one corporate organization. An alliance preserves separate airlines, unlike a merger that consolidates ownership.
Passenger rights : Legal protections and remedies available to air travelers when flights are disrupted or services fail. Travel involving several alliance airlines can complicate which carrier is responsible for assistance.
Interline agreement : An agreement allowing airlines to handle passengers, tickets, or baggage across flights operated by different carriers. Interline arrangements support connections between airlines, including carriers outside an alliance.
Oneworld : A global airline alliance founded in 1999 by American Airlines, British Airways, Cathay Pacific, and Qantas. It offers another major model of cooperation among international airlines.
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