British Airways has signed a transatlantic tie-up with American Airlines and Iberia that, it says, is worth a combined $7bn (£4.4bn) a year.
The deal allows the airlines to share passengers and costs on flights between the European Union, Switzerland and Norway and the US, Canada and Mexico.
BA said the joint business would launch next month and give customers "greater access to discounted fares".
A tie-up between the airlines received regulatory approval this summer.
The tie-up had been vigorously opposed by rival Virgin Atlantic, which said it would create a "monster monopoly".
BA has already signed a merger agreement with Spain's Iberia to form a new company called International Airlines Group.
The BA and Iberia brands will, however, continue to operate as normal.
Source: BBC
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
NACOC says recent drug busts reflect enhanced operational effectiveness
2 minutes -
Parliament’s Sanitation Committee rejects call to scrap YEA-Zoomlion contract; cites job losses
6 minutes -
SuperSport secures FIFA Club World Cup 25 broadcast rights
9 minutes -
GES to promote eligible deputy directors on Mahama’s order
13 minutes -
Bank of Ghana reports 33% rise in staff-involved fraud in 2024
15 minutes -
South Africa’s finance minister says he won’t resign after VAT U-turn
24 minutes -
Ntim Fordjour urges equal urgency in prosecuting major drug traffickers
25 minutes -
Mpraeso MP urges gov’t to hand over Damang Mine to Ghanaian firm after transition
27 minutes -
‘Ghana needs watchdogs, not cheerleaders’ – Bright Simons calls out empty praise politics over IMF endorsements
29 minutes -
NACOC seizes 73 suspected cocaine slabs at Swiss Port bound for Netherlands; arrests 4 Ghanaians
31 minutes -
‘The IMF can’t be our conscience’ – Bright Simons warns of false security in Fund’s praise
1 hour -
FDA intensifies crackdown on fake diapers amid growing health concerns
2 hours -
Tens of thousands queue to see Pope Francis’s body
2 hours -
UK edges towards youth visa deal with EU
2 hours -
‘We are committed to assisting Ghana and other countries hit by global tariff war — IMF MD
2 hours