Tuesday, December 20, 2011

Kingfisher to join oneworld airline alliance in February

Mumbai: State-run Air India’s request to become a member of the Lufthansa-led Star Alliance was rejected in July, while Jet Airways is yet to announce its alliance plans, but is said to be in discussions with both Star Alliance and SkyTeam. Joining oneworld will give Kingfisher Airlines, which is reeling from a cash crunch and has grounded several of its planes, global visibility and scope to improve revenue by leveraging its schedule.
The alliance would enable it to offer better fares to destinations where it does not have direct flights. For Kingfisher frequent fliers, it’ll be an opportunity to earn and redeem miles on flights of oneworld members, including British Airways, Cathay Pacific, American Airlines and eight other airlines, and avail lounge access at international airports.
Kingfisher was expecting at least a five per cent rise in revenue through code-share agreements with partner airlines, an airline official said. “There will be cost savings too through common use of inventories and joint purchases,” he said. Kingfisher had signed a code-share agreement with British Airways in September 2010.
20/12/11 Business Standard
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