United Airlines will spend $100 million to acquire a 5% stake in Azul Brazilian Airlines, and the two carriers have entered into a strategic partnership that will include codesharing and reciprocal loyalty program benefits. Subject to government approval, United plans to place its code on Azul flights from São Paulo Guarulhos “to key destinations throughout Brazil,” United and Azul said in a joint statement. It will also place its code on Azul’s Airbus A330 flights ...

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