Etihad Airways has signed a new codeshare agreement with Korean Air, South Korea’s largest airline. The partnership, which comes into effect on July 22 subject to regulatory approval, brings to 46 the number of codeshares operated by the Abu Dhabi-based flag carrier.

In the first phase of cooperation, Korean Air will place its ‘KE’ code on Etihad Airways’ daily services between Seoul (Incheon) and Abu Dhabi. Members of Etihad Airways’ Etihad Guest and Korean Air’s SKYPASS loyalty programs will also enjoy full reciprocity. These reciprocity benefits include lounge access, priority check-in and excess baggage allowances for top tier program members and the ability to earn and burn frequent flyer points on all Etihad Airways and Korean Air flights.

Etihad Airways’ President and Chief Executive Officer James Hogan said the new commercial partnership with Korean Air was a significant development for the airline – in both strategic and commercial terms.

“The new codeshare with Korean Air demonstrates the operational and customer benefits afforded by Etihad Airways’ strategy of partnering with other great airlines.