Alaska Airlines and American Airlines discussed a potential revenue-sharing agreement as part of talks that also broached a merger, according to Bloomberg,
Sources told Bloomberg that while the idea of a merger never took off, a deepening partnership between the oneworld Alliance members is a possibility.
Under such an agreement, airlines coordinate their schedule and pricing, sell seats on partner’s flights, and divide the revenue. Essentially, the airline makes money from flights without always operating the aircraft themselves.
On April 22, 2026, Bloomberg reported that Alaska could join American’s revenue-sharing agreement with British Airways, Iberia and Finnair on transatlantic flights and Japan Airlines over the Pacific.
News of revenue-sharing agreement between the two carriers comes after American was forced to issue a statement distancing itself from a merger with rival United Airlines.
This followed reports that the United Airlines CEO Scott Kirby had discussions the subject with President Donald Trump at the White House.
Additionally, Transportation Secretary Sean Duffy appeared to show an apparent openness to a merger between US carriers during an interview.
This all comes as the war in Iran and subsequent surge in jet fuel prices continue to impact airlines in the US, and around the world.
On April 22, 2026, Kirby told CNBC’s ‘Squawk Box’ that ticket prices could be increased by 15% to 20%.
And in the latest twist, the Trump administration is understood to be in advanced talks to provide Spirit Airlines with up to $500 million in support to stave off liquidation.
Senator Ted Cruz, who also chairs the Senate Commerce Committee, branded the potential rescue package an “absolutely TERRIBLE idea”.