LATAM announces new codeshare agreements with Delta
The airline group’s affiliates in Peru, Colombia and Ecuador have signed codeshare agreements with Delta that will come into effect during the first quarter of 2020
LATAM Airlines Group (‘LATAM’) announced today that its affiliates LATAM Airlines Peru, LATAM Airlines Colombia and LATAM Airlines Ecuador have signed codeshare agreements with Delta to provide greater connectivity with the United States starting the first quarter of 2020, subject to applicable regulatory approval.
The new codeshares follow the announcement of LATAM’s and Delta’s framework agreement on September 26, 2019, which will combine the carriers’ highly complementary route networks to provide customers with a seamless travel experience and greater connectivity to destinations worldwide.
The carriers are working to provide a smooth transition through the strengthening of their existing interline agreement, establishing reciprocal lounge access and mutual frequent flyer benefits as well as developing bilateral codeshare agreements.
The three codeshare agreements signed with Delta today (December 2, 2019) will offer LATAM customers the possibility to connect to up to 74 onward destinations in the United States and Canada and will open up to 51 onward destinations for Delta passengers in South America*. Starting the first quarter of 2020:
- LATAM Airlines Peru’s ‘LA’ code will be added to Delta flights from New York/JFK, Miami, Los Angeles and Orlando to up to 74 onward destinations in the United States and Canada. Likewise, Delta’s ‘DL’ code will be added to LATAM Airlines Peru flights between Lima and up to 34 onward destinations in Peru and South America.
- Delta’s ‘DL’ code will be added to LATAM Airlines Colombia flights from Bogota and Cartagena to up to 13 onward destinations in Colombia.
- LATAM Airlines Ecuador’s ‘LA’ code will be added to Delta flights between New York/JFK and up to 55 onward destinations in the US and Canada. Similarly, Delta’s ‘DL’ code will be added to LATAM Airlines Ecuador flights between Quito and up to four onward destinations in Ecuador.
“These codeshares mark an important milestone in LATAM’s journey towards offering the best connectivity and customer experience in the Americas. Our passengers will soon to be able to access up to 74 destinations in the United States and Canada, which is just one example of complementary nature of our networks and one of the many future benefits that the strategic agreement with Delta will bring,” said Enrique Cueto, CEO of LATAM Airlines Group.
LATAM also plans to establish codeshare agreements between Delta and its affiliates in Chile and Brazil in 2020*, offering even greater connectivity between South America and the U.S.
End of codeshare agreements with American Airlines
LATAM will formally end all its codeshare agreements with American Airlines on January 31, 2020. Customers who have purchased American Airlines flights via LATAM prior to this date for flights from February 1, 2020 onwards will be entitled to the same services, with no change to flight or ticket conditions.
LATAM’s frequent flyer and reciprocal lounge access agreements with American Airlines will remain in place until LATAM leaves oneworld.
LATAM advised oneworld and its alliance partners in September 2019 that it would leave oneworld within one year, in line with the standard notice period. The company is evaluating an earlier departure date with any change to be communicated in due course.
Following LATAM’s departure from oneworld, it will maintain its bilateral agreements with the majority of the alliance members.
Background on the framework agreement announced on September 26, 2019:
• Delta will invest USD$1.9 billion for a 20% stake in LATAM through a public tender offer at USD$16 per share. The tender offer was launched on November 27, 2019 and will last 30 days.
• Delta will also invest USD$350 million to support the establishment of the strategic alliance contemplated in the framework agreement.
• Delta will acquire four Airbus A350 aircraft from LATAM and has agreed to assume LATAM’s commitment to purchase 10 additional A350 aircraft to be delivered between 2020 and 2025.
• Delta will be represented on LATAM’s Board of Directors.
• The strategic alliance is subject to all required governmental and regulatory approvals.
*Subject to applicable regulatory approval.