Originally Posted by
Mountain Explorer
You honestly believe that the JV agreement includes no adjustment based on which airline is supplying the frame, paying the crew, buying the fuel? These simple concepts never occurred to any of the lawyers involved?
This is the point of a JV. Revenue/Expense are split. They're designed so that it doesn't matter which metal the passenger flies. This is why a number of airlines will allow rebooking onto JV partners generally as a matter of default. (Heck if using upgrades a lot of airlines allow upgrade to be kept as long as on a JV partner)