Continental Airlines and Asiana Airlines announce alliance partnership

Larry Kellner, chairman and CEO of Continental Airlines, and Young-Doo Yoon, President and COO of Asiana Airlines, met yesterday in New York to sign the Alliance Agreement, extending cooperation across a variety of areas including code sharing, frequent flyer programs, and lounge access.

Continental joined Star Alliance October 27, 2009 as the 25th member. The customers of both airlines will now be able to accrue and redeem mileage on any route operated by either carrier, and the top-tier frequent flyer customers will also have complete access to the lounges of both carriers, as well as other Star Alliance benefits.

In addition to the Star Alliance benefits, Continental and Asiana plan to implement code share arrangements starting in December 2009, subject to necessary government approvals. With code share arrangements in place, both airlines plan to offer greater convenience to mutual customers traveling between South Korea and the U.S. and connecting destinations throughout Asia and the Americas.

"Continental looks forward to cooperating with Asiana on code sharing, frequent flyer reciprocity, and airport lounge access," said Larry Kellner, chairman and CEO of Continental. "Asiana is an excellent alliance partner for Continental because it offers quality service on many important routes. Our two airlines can work together to provide more choices for international travelers."

Young-Doo Yoon, President and COO of Asiana Airlines said, "Asiana Airlines truly welcomes Continental to Star Alliance and is pleased to engage in an alliance partnership with Continental. Continental is one of the world's strongest airlines with extensive networks and world renowned services. I believe this partnership will enable us to achieve greater results and amplify the benefits received by our customers in the future."