Alaska and Hawaiian plan to join oneworld Atlantic and Pacific JVs

Alaska Air Group told investors it plans for Alaska Airlines and Hawaiian Airlines to join oneworld's transatlantic and transpacific joint ventures, citing that immunized joint businesses already account for over 85% of US carrier global long-haul capacity. The company also intends to join the Pacific joint venture already shared by American Airlines and Japan Airlines.

Joint ventures let partners coordinate fares and schedules as a single commercial operation. Alaska said that would give it a more useful network and broader demand. The plan is framed as a deeper partnership with American after earlier Seattle long-haul feed plans fell apart. No timeline was given. Approval is not guaranteed and could require concessions.

If approved, Alaska and Hawaiian would coordinate long-haul flying with American and other oneworld partners. That would expand an immunized network and change how oneworld competes with Delta and United.

Nothing to book yet; watch whether regulators allow Alaska and Hawaiian into the Atlantic and Pacific joint ventures.