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LATAM abandons its planned joint venture with IAG

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Regular readers will know that LATAM, the Chilean airline, has announced that it is leaving the oneworld alliance next year as we explain here.  This follows a $1.9bn equity investment from SkyTeam member Delta Air Lines and the signing of a major joint venture agreement.

There was some hope that LATAM may retain a full ‘earn and burn’ frequent flyer agreement with Iberia and British Airways.  The three airlines had been planning a joint venture – co-ordinating fares and schedules – between Europe and South America for a couple of years, although nothing had been signed.

LATAM and IAG abandon joint venture

This will no longer happen.  LATAM has reportedly stated that IAG and LATAM have jointly decided to terminate the negotiations.

Existing codeshare agreements will continue.  Even when LATAM leaves oneworld, you should be able to continue earning Avios on their flights if they carry a British Airways or Iberia flight number.  There is no certainty that redemptions will be possible, however – British Airways has numerous codeshare partners with whom you cannot spend Avios.


HFP-Barclaycard-Avios-Card

How to earn Avios from UK credit cards (January 2023)

As a reminder, there are various ways of earning Avios points from UK credit cards.  Many cards also have generous sign-up bonuses!

In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.

You qualify for the bonus on these cards even if you have a British Airways American Express card:

Barclaycard Avios Plus card

Barclaycard Avios Plus Mastercard

25,000 Avios for signing up and an upgrade voucher for spending £10,000 Read our full review

Barclaycard Avios card

Barclaycard Avios Mastercard

5,000 Avios for signing up and an upgrade voucher for spending £20,000 Read our full review

There are two official British Airways American Express cards with attractive sign-up bonuses:

SPECIAL OFFER: Until 21st February 2023, the sign-up bonus on the British Airways Premium Plus American Express card is increased to 35,000 Avios from 25,000 Avios. You can apply here.

British Airways American Express Premium Plus

35,000 Avios (ONLY to 21st February) and the famous annual 2-4-1 voucher Read our full review

British Airways American Express

5,000 Avios for signing up and an Economy 2-4-1 voucher for spending £12,000 Read our full review

You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points.

American Express Preferred Rewards Gold

Your best beginner’s card – 20,000 points, FREE for a year & four airport lounge passes Read our full review

The Platinum Card from American Express

30,000 points and unbeatable travel benefits – for a fee Read our full review

Run your own business?

We recommend Capital On Tap for limited companies. You earn 1 Avios per £1 which is impressive for a Visa card, along with a sign-up bonus worth 10,500 Avios.

SPECIAL OFFER: Capital On Tap has increased its sign-up bonus to points worth 30,000 Avios if you apply by 4th February. This is exclusive to Head for Points readers. Click here to apply.

Capital On Tap Business Rewards Visa

Get a 30,000 points bonus, worth 30,000 Avios, until 4th February 2023 Read our full review

You should also consider the British Airways Accelerating Business credit card. This is open to sole traders as well as limited companies and has a 30,000 Avios sign-up bonus.

British Airways Accelerating Business American Express

30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review

There are also generous bonuses on the two American Express Business cards, with the points converting at 1:1 into Avios. These cards are open to sole traders as well as limited companies.

American Express Business Platinum

40,000 points sign-up bonus and a £200 Amex Travel credit every year Read our full review

American Express Business Gold

20,000 points sign-up bonus and free for a year Read our full review

Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.

Comments (73)

This article is closed to new comments. Feel free to ask your question in the HfP forums.

  • Benilyn says:

    Topping up Rev with VA CC is fine right?

  • Anna says:

    OT – BAPP. Undecided whether it’s better to wait 2 years and get a new sign up bonus (plus referral bonus) or apply again next year for an extra companion voucher. We’d definitely get value from the voucher as currently need to travel in school holidays. Has anyone come to a conclusion re this?!

This article is closed to new comments. Feel free to ask your question in the HfP forums.

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