Kingfisher, American Airlines enter code share pact
Moneylife Digital Team 23 November 2010

Vijay Mallya-owned Kingfisher Airlines Ltd said it has entered a code sharing and frequent flyer agreement with American Airlines, which will be effective from 2011.

"The code share on American's flight to Chicago will mark the first time ever that Kingfisher Airlines will place its code on any flight operating into the US," executive vice president-commercial, Kingfisher Airlines Manoj Chacko said.
In aviation business, code sharing means selling space on the same flights, where a seat can be purchased on one airline but is actually operated by a cooperating airline under a different flight number or code.

As per the agreement, Kingfisher will place its code on American Airline's daily flight between New Delhi and Chicago, and on selected other flights between the United States and London's Heathrow airport, the company said in a statement.
On the other hand, the American Airlines can place its code on Kingfisher's flights from London Heathrow to both New Delhi and Mumbai, and its domestic network, the statement added.

Kingfisher, which operates on eight international destinations including London, Hong Kong and Singapore, is a member-elect of Oneworld-an alliance of international airlines, while American Airlines is among the founder members of the alliance.

On Tuesday, Kingfisher Airlines fell 7.08% to Rs72.85 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.33% down at 19,691.84 points.
 

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