British Airways, Qatar Airways sign revenue-sharing deal

British Airways, Qatar Airways sign revenue-sharing deal
 

British Airways has signed a revenue-sharing agreement with Qatar Airways, allowing the pair to co-operate on scheduling and pricing, BA's owner IAG (ICAG.L) said in a statement on Wednesday.
State-owned Qatar Airways owns 20 percent of IAG as a result of a stake it has been building since 2015, and the companies had said further commercial agreements between the groups could come as a result of that investment.
Airlines often use revenue-share deals where they carry each other's passengers on certain routes, giving customers a greater choice of flights and generating cost and revenue... read more

 
28 September 2016 in Business, Views: 36
Source: Reuters
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