LATAM to leave Oneworld on May 1, earlier than expected
LATAM Airlines' divorce from Oneworld is set, with the two parting ways in May as the carrier paves a new path forward with Delta Air Lines and Qatar Airways.
South America's largest carrier will leave Oneworld on May 1, five-months earlier than previously expected, LATAM said Friday.
LATAM will retain relationships with many of its former Oneworld partners after leaving the alliance. Travelers will still receive reciprocal lounge access, elite loyalty benefits, and be able to earn and redeem frequent-flier points on British Airways, Cathay Pacific, Finnair, Iberia, Japan Airlines, Malaysia Airlines, Qantas, Qatar, Royal Jordanian, S7 Airlines and SriLankan Airlines for the time being, LATAM said.
Sign up for the free daily TPG newsletter for more airline news!
A notable exclusion from LATAM's list is American Airlines. The two carriers will end their frequent-flier and reciprocal lounge access agreements on May 1, when Santiago, Chile-based LATAM departs Oneworld.
American and LATAM end their long-standing codeshare partnership this Saturday.
LATAM's moves come as its pivots towards a new, broad tie-up with Delta Air Lines. On Sunday, the South American carrier will move into Terminal 4 adjacent to its U.S. partner at New York John F. Kennedy (JFK) airport.
Related: LATAM Airlines moves in with Delta in New York
Later in the quarter, LATAM's operating subsidiaries in Colombia, Ecuador and Peru and Delta will begin codesharing, a precursor to a broader partnership between the U.S. and South America.
Qatar will be LATAM's other main partner following its departure from Oneworld. The Gulf carrier already codeshares with LATAM, and owns a 10% stake in the Chilean company.
TPG featured card
at Bilt's secure site
Terms & restrictions apply. See rates & fees.
| 1X | Earn up to 1X points on rent and mortgage payments with no transaction fee |
| 2X | Earn 2X points + 4% back in Bilt Cash on everyday purchases |
Pros
- Unlimited up to 1 Bilt Point per dollar spent on rent and mortgage payments
- Elevated everyday earnings with both Bilt Points and Bilt Cash
- $400 Bilt Travel Portal hotel credit per year (up to $200 biannually)
- $200 Bilt Cash annually
- Priority Pass membership
- No foreign transaction fees
Cons
- Moderate annual fee
- Housing payments may include transaction fees, depending on the payment method
- Designed primarily for members seeking a premium, all-in-one card
- Earn points on housing with no transaction fee
- Choose to earn 4% back in Bilt Cash on everyday spend. Use Bilt Cash to unlock point earnings on rent and mortgage payments with no transaction fee, up to 1X.
- 2X points on everyday spend
- $400 Bilt Travel Hotel credit. Applied twice a year, as $200 statement credits, for qualifying Bilt Travel Portal hotel bookings.
- $200 Bilt Cash (awarded annually). At the end of each calendar year, any Bilt Cash balance over $100 will expire.
- Welcome bonus (subject to approval): 50,000 Bilt Points + Gold Status after spending $4,000 on everyday purchases in the first 3 months + $300 of Bilt Cash.
- Priority Pass ($469/year value). See Guide to Benefits.
- Bilt Point redemptions include airlines, hotels, future rent and mortgage payments, Lyft rides, statement credits, student loan balances, a down payment on a home, and more.