This JV also includes all flights to from NA to Europe which they also share with LH. These JV's mean that all flights on routes approved by government will have full revenue sharing regardless of metal used. For instance UA is now operating all transborder flights between YEG and the US under this JV and the carriers share all revenue generated equally after operating costs are factored in. This is proving to be a boom for AC as they share revenues with carriers who have a lot more metal available tha they do which allows them to focus on their very profitable runs in Canada. It has enabled AC to increase flights to places like YMM from YYT and put bigger aircraft on those routes. So, if you don't like AC remember that when flying cross border or to Europe on either UA or AC and LH AC benefits in the revenue produced. In light of governments not approving foreign ownership of airlines this is the best way for legacy carriers to accomodate passengers and make money. even WJA has started doing this but as code shares only because they are not part of any alliance but appear to be willing to join the AA/BA alliance. See below for a description of the JV that has regulatory approval: The Competition Bureau said Wednesday it had reached an agreement with Air Canada and United Continental Holdings Inc. on how they could proceed with their controversial U.S. transborder joint venture. The bureau said the agreement would “protect and preserve competition” on the 14 key, high demand routes between Canada and the U.S. that, in part, led to the bureau challenging the partnership in June 2011. On those routes, the carriers will be prohibited from coordinating prices, the number of seats available at each price, pooling revenue or costs, or otherwise sharing commercially sensitive information, the bureau said. The contentious routes include flights from Toronto, Montreal, Calgary, Ottawa and Vancouver to several U.S. destinations, including Houston, Chicago, Washington, and others. The carriers will, however, be able proceed with their joint venture, which would, in effect, merge their flight operations, on other routes between the two countries, the bureau said. Air Canada already has a similar arrangement in place with Lufthansa and United across the Atlantic, its so-called A++ joint venture. British Airways, Iberia, and American Airlines also struck a similiar arrangement on those routes. “The consent agreement the bureau reached with Air Canada and United Continental will ensure that passengers do not face higher prices and less choice on high-demand routes between Canada and the U.S. resulting from the airlines’ proposed joint venture and coordination agreements,” said John Pecman, the interim commissioner at the bureau. Originally, the bureau had identified 19 routes between Canada and the U.S. that it felt the joint venture between the carriers would substantially reduce competition on, including 10 it said the venture would create a monopoly on. The move to block the joint venture was supported by submissions from other carriers, including WestJet Airlines Ltd. The bureau argued there was insufficient competition on those routes as well as sizeable barriers to entry, which, among other things, would result in higher fares for consumers if the tie-up between Air Canada and United Continental were to proceed. But Air Canada argued such joint ventures were actually pro-competitive because it allowed the airlines to make those routes more viable by reducing excess capacity on them. Calin Rovinescu, Air Canada chief executive, also argued it was the only way forward for legacy carriers in the face of foreign-ownership restrictions that limit consolidation of airlines across borders. “Following a thorough review of further information and analysis regarding the impact of the joint venture and coordination agreements on the 19 routes, the bureau determined that competition on five of the routes originally identified is unlikely to be substantially harmed as a result of the airlines’ coordination and, as a result, the consent agreement only applies to the 14 remaining routes,” the bureau said in a statement. The bureau said it would implement an independent monitor to ensure Air Canada and United Continental comply with the terms of the agreement, and added that as the market evolves, the agreement provides that specific prohibitions can be suspended or reinstated as appropriate.