How Do You Spell CODESHARE AGREEMENT?

Pronunciation: [kˈə͡ʊdʃe͡əɹ ɐɡɹˈiːmənt] (IPA)

The spelling of the term "codeshare agreement" can be explained using IPA phonetic transcription. The term is pronounced as /koʊdʃɛr əˈgriːmənt/. The word "codeshare" comprises of two syllables. The first syllable is pronounced with the long "o" sound and is followed by the "dʒ" sound, which is represented by the letter "j". The second syllable has a short "e" sound, followed by the "r" sound and ends with the "əʊ" sound. The word "agreement" has three syllables and is pronounced as /əˈgriːmənt/.

CODESHARE AGREEMENT Meaning and Definition

1. A codeshare agreement is a commercial agreement between two or more airlines in the aviation industry, whereby they agree to share flights operated by one of the airlines under their own flight codes. In simpler terms, it is a partnership between airlines that enables them to sell tickets under their own brand for a flight operated by another airline.

   Under a codeshare agreement, one airline, known as the operating carrier, operates the flight, while the other airline, known as the marketing carrier, sells tickets for that flight. The marketing carrier assigns its two-letter code to the flight, allowing passengers to book and travel on the flight as if it were operated by the marketing carrier itself.

   Codeshare agreements provide numerous benefits for both airlines and passengers. Airlines can expand their network and offer a wider range of destinations without operating their own aircraft to those locations. Passengers benefit from more convenient connections between flights, seamless travel experience, and the ability to earn and redeem frequent flyer miles or other loyalty program benefits.

   These agreements also allow airlines to coordinate schedules and services, leading to improved operational efficiency and cost savings. It promotes cooperation and enhances the overall competitiveness of the airlines involved within the global aviation industry.

   Overall, a codeshare agreement is a strategic partnership that enables airlines to expand their reach, offer more destinations, and provide enhanced travel options for passengers, all while maintaining their own brand identity.

Etymology of CODESHARE AGREEMENT

The word "codeshare agreement" is composed of two parts: "codeshare" and "agreement".

The term "codeshare" originated in the aviation industry. It refers to an arrangement between two or more airlines to share the same flight under different marketing codes. This means that one airline can market and sell seats on a flight operated by another airline using its own flight number. This practice allows airlines to expand their network and offer flights to destinations they might not serve directly.

The word "codeshare" combines "code" and "share". "Code" refers to the alphanumeric designation assigned to each airline's flights, such as the two-letter codes used for airports (e.g., LAX for Los Angeles International Airport), or the three-digit numbers often used to identify flights (e.g., Flight 123). "Share" indicates the act of sharing or collaborating.