Moneycontrol PRO
HomeNewsBusinessCompaniesAir India signs code-share pact with Air Astana

Air India signs code-share pact with Air Astana

A 'free flow' code-share arrangement gives marketing access to the operating carrier's inventory and allows it to market seats independently of the operating carrier.

October 29, 2014 / 15:27 IST

Air India, which is a part of the Star Alliance, officially announced here today that it has entered into a 'free flow' code-share pact with Kazakhstan's national carrier Air Astana to expand its presence in the fast growing CIS aviation market.

A 'free flow' code-share arrangement gives marketing access to the operating carrier's inventory and allows it to market seats independently of the operating carrier.

The agreement, which is subject to regulatory approvals, was signed by Air India Chairman and Managing Director Rohit Nandan and Air Astana Vice President for Sales Worldwide Richard Ledgerin New Delhi yesterday, according to an Air India release issued today.

"As a state-run airline and Star Alliance member carrier Air India feels honoured to enter into this code-share agreement with Air Astana. This agreement has enabled Air India to reach out to the CIS and eastern European market," the release quoted Air India CMD as saying about the tie-up.

The pact would benefit passengers across Air India's network as well as Star Alliance carriers to travel seamlessly between India and Kazakhstan, he said, adding that Air India looks forward to expand its relationship with the Kazakh national carrier.

Also read: Tata-Airbus submit joint bid to make IAF transport planes

Air India already has code-share partnerships with 14 other airlines across the globe and Air Astana would be its 15th such partnership, the release said.

Under the free-flow code-share pact, Air India would code-share as a marketing carrier on flights operated daily by Air Astana (KC) on the Delhi-Almaty-Delhi route, the release said.

With this code-share agreement, Air India has opened its second gateway to CIS countries after it launched flight services to Moscow, making inroads into the Russian market, the Air India release said.

The pact with Air Astana is the beginning of the partnership between the two airlines and both the carriers look forward to an expansion of the code share beyond Almaty and New Delhi on each other's extensive flight network, the release said.

This code-share agreement would also facilitate strong flow of corporate traffic from professionals working in the oil and gas, pharmaceutical and information technology sectors, besides Indian students studying in the Central Asian Region, the release said.

first published: Oct 29, 2014 08:33 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347