2019-02-28

Field Dorchak



Post by Field Dorchak


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Created: 4 months ago
By: Field Dorchak

Field Shared an Article

It looks like American and Qantas are being granted their wish, as the Department of Transportation has approved the joint venture that they’ve been wanting for years. What is a joint venture? A joint venture is the highest level of cooperation you can have between two airlines. When airlines form a joint venture they coordinate pricing and schedules in a given market, and have a revenue sharing agreement. Exactly how that revenue sharing agreement works depends on the specific situation, but [...]

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