Middle East

Qatar Airways, BA parent IAG set up revenue-sharing deal

FILE- In this Tuesday June 18, 2013 file photo, a British Airways Airbus A380 prepares to land after performing its demonstration flight, at the 50th Paris Air Show at Le Bourget airport, north of Paris. A Qatar Airways Boeing Dreamliner is visible at foreground. Qatar Airways and the parent of British Airways are intensifying their relationship by setting up a revenue-sharing business partnership that will see them cooperating on scheduling and ticket prices. (AP Photo/Remy de la Mauviniere, File)

FILE- In this Tuesday June 18, 2013 file photo, a British Airways Airbus A380 prepares to land after performing its demonstration flight, at the 50th Paris Air Show at Le Bourget airport, north of Paris. A Qatar Airways Boeing Dreamliner is visible at foreground. Qatar Airways and the parent of British Airways are intensifying their relationship by setting up a revenue-sharing business partnership that will see them cooperating on scheduling and ticket prices. (AP Photo/Remy de la Mauviniere, File)  (The Associated Press)

Qatar Airways and the parent of British Airways are setting up a revenue-sharing business partnership.

Qatar Airways and BA parent International Airlines Group announced the deal Wednesday and said it will take effect on Oct. 30.

The companies said the deal will allow them to cooperate on scheduling and ticket prices. Under the arrangement, the airlines will also share flight codes on all non-stop flights between Britain and the Qatari capital, Doha, as well as on many connecting flights in Europe, the Middle East, Asia and Africa.

Government-backed Qatar Airways owns a large part of IAG, and raised its stake over the summer to just over 20 percent. Besides BA, IAG controls Aer Lingus, Iberia and Vueling.