View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
May 12, 2016

Deals this week: Alaska Airlines, Flynas, Norwegian Air Shuttle

Alaska Airlines and Japan Airlines (JAL) are to enter a code-share agreement and frequent flier partnership from 29 June.

JAL and Alaska Codeshare Routes

Alaska Airlines and Japan Airlines (JAL) are to enter a code-share agreement and frequent flier partnership from 29 June.

The agreement will allow Alaska Airlines’s frequent flier members and JAL customers to enjoy seamless travel, one-stop check-in, baggage checked to final destination, smooth flight connections, air miles and customer service benefits.

The code-share is applicable to Alaska Airlines flights travelling in North America, Japan and throughout Asia, as well as JAL flights between Tokyo and Los Angeles, San Francisco, San Diego, Vancouver, and between Los Angeles and Osaka.

JAL also offers its services in Japan and throughout Asia.

Saudi Arabia’s low-cost airline Flynas has signed a code-share agreement with Turkish budget carrier Pegasus Airlines.

"The agreement will extend Pegasus’s network to Saudi Arabia."

The agreement will extend Pegasus’s network to Saudi Arabia.

From 15 May 2016, Flynas customers will be able to travel to Istanbul and connecting destinations in Turkey, including Trabzon, Ankara, Hatay, Adana and Antalya, through Pegasus’s hub at Istanbul’s Sabiha Gokcen Airport.

Norwegian Air Shuttle, the third biggest low-cost carrier in Europe, has raised $74.8m through a public bonds offering.

Due in 2023, the bonds bear a coupon rate of 7.5% a year, payable semiannually.

In a separate public placement of bonds, the Norwegian air carrier raised gross proceeds of $274.31m.

These bonds are due in 2028 and bear a coupon rate of 4.875% a year.

Morgan Stanley is the book-runner for the offering.


Image: Japan Airlines and Alaska code-share routes will take effect from 29 June. Photo: courtesy of Alaska Airlines.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The airport industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Airport Technology