Friday, 26 June 2015

United Airlines to make $100 million strategic investment in Azul


United AirlinesUnited Airlines and Azul Brazilian Airlines today announced a new strategic partnership in which United will acquire an approximate 5 percent stake in Azul, Brazil’s third-largest airline, paving the way for the carriers to cooperate on a range of customer benefits including codesharing of flights (subject to government approval), expanded connection opportunities on routes between the United States and Brazil, in addition to other points in North and South America, and joint loyalty-program participation.

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