Oneworld Alliance sees 25 per cent increase in revenues

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Over $850 million in revenue was generated by the global airline alliance oneworld over the past year, setting a new record.

In 2008, interline revenues within the alliance, from over eight million passengers transferring between member airline flights, reached $2.4 billion – an increase of 10 per cent, year-on-year.

The total combined revenues from airfares and sales activity of $850 million constituted a rise of 25 per cent over the previous year.

Revenues for the alliance grew at a faster rate than overall revenues from passengers among the oneworld member airlines, which showed a collective increase of just 3.5 per cent.

US regulators are expected to issue their ruling by late October on the anti-immunity application submitted by American Airlines, British Airways, Finnair, Iberia and Royal Jordanian on transatlantic service co-operation. The carriers are also asking for approval from European Union regulators.

In oneworld’s key European target markets of Belgium, France, Germany, Italy, the Netherlands and Switzerland sales were especially strong, according to a statement issued by the alliance. An increase of 12 per cent in the number of businessflyer corporate sales accounts was reported, bringing the number to nearly 10,000.

Another record was set with 75 per cent of the alliance’s revenue generated by airfares coming from premium-class travel.

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