Airline Finance News - North America

New York (AirGuideBusiness - Airline Finance News North America) Apr 4, 2010 Air Canada, Asiana Airlines Air Canada and Asiana Airlines said they signed an MOU to create "a strategic partnership," building on their existing Star Alliance partnership and codeshare agreement. AC operates daily year-round nonstop service between Vancouver and Incheon with same-plane service from Toronto Pearson and codeshares on eight Asian routes operated by OZ. Asiana codeshares on seven routes operated by AC including YVR-ICN, as well as several domestic Canada routes. Canada and South Korea signed an open skies agreement in 2009. Partnership is subject to approval of competition authorities in the two countries. Apr 1, 2010