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A potential deal that could also form the basis of a three-way trans-Atlantic combination.
American Airlines, British Airways and Iberia signed a Joint Business Agreement (JBA) to cooperate on flights between North America and Europe, and announced a plan to expand global cooperation.
Though the three airlines will continue to operate as separate legal entities - with their own fleets, employees and brands - they will cooperate more closely to improve travel choices, offer more convenient schedules and give customers more opportunities to earn and redeem frequent flyer miles.
This announcement represents good news for travelers. Customers will be able to travel more easily on a oneworld network that includes nearly 9,000 daily departures to 663 destinations in 134 countries via flight schedules that will be coordinated to deliver more conveniences and choices.
As an example, in the U.S., customers and communities will gain improved access to 207 new international destinations just by their ability to link the networks.
They also plan to expand their codesharing and offer combinable fares, allowing customers to choose from multiple routings across the entire oneworld network rather than just those flights marketed individually by each airline. This will also allow them to offer their customers and communities greater access to more competitive fares and ultimately the ability to fly on new and expanded routes.
As a result, passengers will have greater opportunities to earn and redeem their American Airlines AAdvantage miles on each airline's transatlantic flights. Reciprocal lounge access with British Airways, Iberia and other oneworld members will continue as it is today - however, with an expanded network and more codesharing choices, customers will have more opportunities to take advantage of this valuable benefit.
As a key first step, the three airlines - along with Finnair and Royal Jordanian, their transatlantic partners in the oneworld global alliance - plan to apply with the U.S. Department of Transportation (DOT) to receive global antitrust immunity. This will not only help them work together more closely for the benefit of their customers, employees and shareholders, but will also allow the oneworld alliance to compete more effectively with SkyTeam and the Star Alliance, which already enjoy broad immunity among their global air alliance members.
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