A Share and Revenue Sharing Agreement code is a legal contract between two or more airlines and such agreements are common in the aviation industry. Such agreements shall be concluded in such a way as to clarify profit-sharing between the airlines concerned, including any losses and expenses incurred. Each airline has a unique code, so the code can belong to a partner airline when purchasing tickets for a flight. The contracting parties are the airlines and their individual codes may define how participation in turnover will take place. Has QATARI Air entered into an inter-match agreement with VIETNAM Airlines? I am flying the Saigon Business Class error fare soon and I will connect with a separate ticket on VIETNAM. Let`s briefly move on to these four types of agreements: the connection service is as in the example above with Ethiopian Airlines and GOL. This is when an airline sells a ticket between A and C, but only goes to point B. Then, the codeshare partner will pass the second step between B and C. Today there are so many different types of agreements in the aviation sector. While the exact terms vary with each partnership, I think the simplest way to summarize it is that an interline agreement is like a friendship, a codeshare agreement like an engagement, a joint venture like a marriage, and an alliance is like a big family where everyone does their own thing. Finally, unilateral operation is in place when an airline is in no way involved in the operations. So what does the carrier that does all this hard work gain with this kind of deal? It uses the other airline`s brand to entice passengers to fly with them, as Pranchi Juneja wrote.
What else do you know about codeshare agreements? Let us let us know in the comments. That was 13 years ago, and since then the practice has improved even more. This year just this year we`ve seen crazy codeshare deals, for example: most airlines, including all city Pair Program contracted airlines, are participating in some sort of codeshare commercial agreement. These agreements allow network operators to expand their range of services without additional resources, equipment and costs. Under these commercial agreements, many airlines cannot (without restriction) impose their codeshare partners` inventory for YCA contract fares. In domestic markets, the government has the full service of a contract carrier with additional service only for codeshare partners offered by the contract carrier. . .