Codeshare agreement

A codeshare agreement, sometimes simply codeshare, is an aviation business arrangement where two or more airlines share the same flight. Sharing, in this sense, means that each airline publishes and markets the flight under its own airline designator and flight number as part of its published timetable or schedule. A seat can be purchased on each airline's designator and flight number, but is operated by only one of these cooperating airlines, commonly called the operating carrier or more precisely (and in line with definitions in IATA Standard Schedules Information Manual): "Administrating carrier". The term "code" refers to the identifier used in flight schedule, generally the two-character IATA airline designator code and flight number. Thus, XX123 (flight number 123 operated by the airline XX), might also be sold by airline YY as YY456 and by ZZ as ZZ9876. Airlines YY and ZZ are in this case called "Marketing airlines" (sometimes abbreviated MKT CXR for "marketing carrier"). Most of the major airlines today have code sharing partnerships with other airlines, and code sharing is a key feature of the major airline alliances. Typically, code-sharing agreements are also a part of the commercial agreements between airlines in the same airline alliances.

TACV

TACV Cabo Verde Airlines (TACV is an acronym for Transportes Aéreos de Cabo Verde, meaning “Air Transportation of Cape Verde” in Portuguese) is a scheduled and charter, passenger and cargo airline based in Praia, Cape Verde. It is the national flag carrier of Cape Verde, operating inter-island services and flights to Europe, North America, South America and the West African mainland. Its main base is Sal Airport, with smaller ones at Praia International Airport and São Pedro Airport. TACV is also a ground handling company serving all airports in Cape Verde.

History

TACV was established in 1958. In July 1975, following the independence of Cape Verde, the airline was designated as the national carrier and became a public company (that means government-owned) in 1983. It employs 788 staff. The Cape Verdean government is currently preparing the airline for privatization. The privatization of TACV is supposed to be concluded in 2014. Among the foreign airlines that are interested in acquiring the national airline are the Chinese (Okay Airlines) and Angolan (TAAG Angola Airlines) airlines.