4) What is a codeshare agreement? How do these agreements benefit airlines?
Expert Answer
The term “Codeshare” itself means the sharing of the code. In the airlines business, the airlines have the commercial agreement for the operations as well as for the marketing of the business. Hence the codeshare is the commercial agreement between two airlines and is obtained from the Government Authority. For Example, there are two airlines A and B. They have the codeshare agreement. So, The Airline A do the marketing of the product by using the tag of Airline B. Here, the Airline B is
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