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GOL and Iberia enter new codeshare agreement

Brazilian airline GOL Linhas Aereas Inteligentes SA (BOVESPA:GOLL4) (NYSE:GOL) announced on Tuesday that it has entered a codeshare agreement with Spanish carrier Iberia.

The companies are also considering the possibility of linking their frequent flyer programmes: GOL's SMILES and Iberia's Plus.

Under the codeshare agreement, Iberia will add its IATA code to GOL flights from Rio de Janeiro and Sao Paulo to 13 destinations in Brazil: Belo Horizonte, Brasilia, Curitiba, Florianopolis, Fortaleza, Foz do Iguacu, Goiania, Manaus, Natal, Porto Alegre, Recife, Salvador and Vitoria.

The will provide Iberia customers with additional flight connection options throughout Brazil and will give GOL a new sales channel to increase passenger traffic and load factors.

Prior to the implementation of the agreement, GOL will submit the contract to the Brazilian National Civil Aviation Agency (ANAC) and the Brazilian Antitrust Agency (CADE).

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Related terms: airline, antitrust, aviation, brazil, carrier, frequent flyer, nyse, traffic

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