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SOURCE American Airlines
First Phase of Codeshare to Roll out in Key Markets Most Valued by Loyal Customers
FORT WORTH, Texas, Jan. 13, 2014 /PRNewswire/ -- American Airlines and US Airways today offer customers improved access to the combined company's global network through the first phase of a codeshare. Beginning today, customers can book flights on both airlines' networks through the codeshare for travel starting Jan. 23.
"This codeshare marks another step toward providing more convenient travel choices for customers, including service to more destinations, improved schedule options and a truly global network," said Scott Kirby, president – American Airlines. "Implementing this codeshare so early in the integration process allows us to begin realizing significant revenue synergies, which are estimated to exceed $1 billion annually by 2015."
Through the codeshare, each airline will sell tickets operated by the other carrier using its own code and flight number, and customers will be able to easily combine select flights operated by each airline on a single itinerary when booking travel on aa.com, usairways.com, or through other travel distribution channels. In addition, customers connecting on codeshare flights can seamlessly transfer bags when traveling on an itinerary that includes flights operated by both carriers. Launched in a phased approach, the codeshare seeks to provide a smooth travel experience while American and US Airways continue to operate as separate airlines during the merger integration.
The first phase of the codeshare will cover only select American and US Airways flights and includes placing:
The two airlines are expected to extend the codeshare to include all flights within the combined network in the coming weeks. Customers should continue to check in for flights and conduct business with the airline operating their flight just as they did before the launch of this codeshare.
Customers looking for more information on their travel experience may access the Find Your Way website, aa.com/findyourway and usairways.com/findyourway, which offers key day-of-travel information and will be available throughout the merger integration process. The tool also helps customers read their boarding pass to accurately identify which carrier they are traveling on and where to find terminal and gate information.
About American Airlines Group
American Airlines Group (NASDAQ: AAL) is the holding company for American Airlines and US Airways. Together with American Eagle and US Airways Express, the airlines operate an average of nearly 6,700 flights per day to 339 destinations in 54 countries from its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, D.C. The American Airlines AAdvantage and US Airways Dividend Miles programs allow members to earn and redeem miles for travel and everyday purchases as well as flight upgrades, vacation packages, car rentals, hotel stays and other retail products. American is a founding member of the oneworld® alliance, whose members and members-elect serve 981 destinations with 14,244 daily flights to 151 countries. Connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines, and follow US Airways on Twitter @USAirways and at Facebook.com/USAirways.
Cautionary Statement Regarding Forward-Looking Statements and Information
This document includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as "may," "will," "expect," "intend," "anticipate," "believe," "estimate," "plan," "project," "could," "should," "would," "continue," "seek," "target," "guidance," "outlook," "forecast" and other similar words. These forward-looking statements are based on the Company's and US Airways' current objectives, beliefs and expectations, and they are subject to significant risks and uncertainties that may cause actual results and financial position and timing of certain events to differ materially from the information in the forward-looking statements. The following factors, among others, could cause actual results and financial position and timing of certain events to differ materially from those described in the forward-looking statements: the challenges and costs of the proposed transaction, including integrating operations and achieving anticipated synergies; the price of, market for and potential market price volatility of common stock of the ultimate parent entity following the closing of the proposed transaction; significant liquidity requirements and substantial levels of indebtedness of the combined company following the closing; potential limitations on the use of certain tax attributes following the closing; failure of the proposed transaction to be completed; and other economic, business, competitive, and/or regulatory factors affecting the business of the combined company after the closing and the businesses of US Airways and the Company generally, including those set forth in the filings of US Airways and the Company with the SEC, especially in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of their respective annual reports on Form 10-K and quarterly reports on Form 10-Q, their current reports on Form 8-K and other SEC filings, including the registration statement and the proxy statement/prospectus related to the proposed transaction. Any forward-looking statements speak only as of the date hereof or as of the dates indicated in the statements. Neither the Company nor US Airways assumes any obligation to publicly update or supplement any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting these forward-looking statements except as required by law.
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