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Continental, AeroMexico sign marketing alliance=20
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Reuters <http://money.excite.com/img/logo_reuters.gif> =09
Thursday December 4, 6:35 PM EST=20
(Adds detail)
NEW YORK, Dec 4 (Reuters) - Continental Airlines (CAL
<http://money.excite.com/jsp/qt/full.jsp?time=3D0&symbol_search_text=3DCA=
L>
) said on Thursday that it has signed a marketing deal with AeroMexico
that would let passengers accrue and redeem miles on each other's
networks and bring more revenue to the airlines by expanding their
geographic reach.
The proposed 10-year deal, subject to government approvals, brings
Continental one step closer into the fold of SkyTeam, a global airline
alliance that includes AeroMexico and Delta Air Lines (DAL
<http://money.excite.com/jsp/qt/full.jsp?time=3D0&symbol_search_text=3DDA=
L>
), a Continental partner in the United States.
Houston-based Continental reiterated that it plans to join the SkyTeam
alliance next year.
Continental, the No. 5 U.S. air carrier, said the alliance on certain
flights between the two carriers -- called a "codeshare" agreement --
would start in the first quarter of 2004.
AeroMexico, along with the other top Mexico airline Mexicana, is run by
state-owned Grupo Cintra . The two airlines control the vast majority of
Mexico's domestic flight network.
Mexicana announced in mid-November that it would drop out of SkyTeam
rival Star Alliance on March 31, 2004.=20
=A92003 Reuters Limited.=20
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