4) What is a codeshare agreement? How do these agreements benefit airlines?
Expert Answer
A codeshare agreement is an agreement between two or more airlines where in they share the same flight. In simple terms, two passengers who have booked their respective flights from two different service providers, for example Virgin and Southwest Airlines, might end up boarding the same aircraft owing to the codeshare agreement between the Virgin Airlines and the Southwest Airlines on that route. A codeshare agreement is a common business arrangement in the aviation industry that usually happens between two or more airlines.
In codeshare agreement,
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