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.

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Comments

  1. Shoestring says:

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    Club Aspire being the other lounge – both reviewed on HFP

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  2. Shoestring says:

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    Exclusive review: inside the Great Scotland Yard hotel, London

  3. OT: Anyone feeling festive and want to gift me Hilton Diamond status?I really would like the status for a January trip for Executive Lounge….

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    I’m a Curve legacy Black user. Curve just reset the retailer choices and three month trial of Curve Cash as a “Christmas present”. Check your app.

  5. O/T

    Best way to keep Turkish Airlines miles from expiring? Received an email saying a chunk of my miles (only 7k) expire in 20 days. Not quite sure if MR points can be transferred or something to keep them alive…

    Any input appreciated!

    L

  6. Topping up Rev with VA CC is fine right?

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