American Airlines, British Airways, and Iberia Granted Final Government Approval On Trans-Atlantic Cooperation Bid
American Airlines, British Airways, and Iberia today received final approval from the U.S. Department of Transportation (DOT) to create a joint business governing flights between North America and Europe and will expand their global cooperation as a result of receiving antitrust immunity. Fellow oneworld® members Finnair and Royal Jordanian also received antitrust immunity from DOT. The European Union approved the joint business on July 14.
By working together, the airlines will expand customer choice by supporting routes that would not be economically viable for a single airline. Customers also will receive numerous benefits, including expanded opportunities to earn and redeem frequent flyer miles and elite tier benefits and continued reciprocal airport lounge access.