FORT WORTH, Texas, Aug. 30, 2012 /PRNewswire/ -- American Airlines and Iberia Express, a subsidiary of American's joint business partner, Iberia, received approval from the U.S. Department of Transportation for a new codeshare agreement. This agreement allows American to place its code on flights marketed by Iberia, and operated by Iberia Express, between its Madrid hub and 14 destinations throughout Europe. Flights are available for sale Sept. 4 for travel beginning Sept. 10.
"This new codeshare agreement provides our customers with even more options when traveling throughout Europe," said Kurt Stache, American's Vice President – Strategic Alliances. "Our new relationship with Iberia Express will allow customers of both our airlines to connect more conveniently when traveling between North America and Europe."
"This is a strategic agreement for Iberia Express," said Silvia Mosquera – Chief Commercial Officer of Iberia Express. "The joint operation of our routes enables us to offer our customers better connections between Europe and North America, and optimizes our resources in terms of profitability."
American Airlines AAdvantage® members currently have the ability to earn and redeem miles for award travel on Iberia Express. In addition, American and Iberia Express are both members of the oneworld® alliance, which focuses on providing the best connections between the most important cities for international business travelers. oneworld's global network serves more than 900 destinations in more than 150 countries.
About American Airlines
American Airlines, American Eagle® and the AmericanConnection® carrier serve 260 airports in more than 50 countries and territories with, on average, more than 3,500 daily flights. The combined network fleet numbers more than 900 aircraft. American's award-winning website, AA.com®, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld® alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members and members-elect serve more than 900 destinations with more than 9,000 daily flights to 150 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AmericanAirlines, American Eagle, AmericanConnection, AA.com, and AAdvantage are trademarks of American Airlines, Inc. AMR Corporation common stock trades under the symbol "AAMRQ" on the OTCQB marketplace, operated by OTC Markets Group.
About Iberia Express
Iberia Express, a subsidiary of Iberia, operates short and medium haul routes, and currently flies to twelve domestic destinations (Alicante, Malaga, Seville, Palma de Majorca, Granada, Menorca, Vigo, Lanzarote, Ibiza, Santiago de Compostela, Fuerteventura and La Palma) and six European locations (Dublin, Naples, Riga, Mykonos, Edinburgh and Amsterdam), always from its hub at Madrid-Barajas. The airline also provides a direct traffic feed to the long-haul network of Iberia and offers all the services of the parent company. Iberia Express expects to end 2012 with more than 20 national and European destinations, a fleet of 14 aircraft and workforce of approximately 500 people.
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SOURCE American Airlines