Business briefs

Advertiser Staff and News Services

Airlines agree to share programs

Alaska Airlines and Hawaiian Airlines yesterday announced an agreement to provide reciprocal code sharing as well as participation in each other's frequent flyer programs. The agreement became effective Oct. 1.

Members of Alaska's Mileage Plan and Hawaiian's HawaiianMiles program will be able to earn mileage credits and be able to use awards across their respective route networks.


NBC in deal for Telemundo

NBC announced yesterday that it is buying Telemundo Communications Group Inc., the No. 2 Spanish-language broadcaster in the United States, for about $2 billion in cash and stock. The deal would give NBC a strong foothold in the burgeoning arena of Hispanic media.

Southwest to reduce flights

Southwest Airlines Co. is cutting some of its flights from Dallas and other cities, the carrier's first reductions since terrorists crashed four U.S. jetliners on Sept. 11. Southwest said it would cut capacity in its fleet by less than 1 percent but would eliminate 10 percent or more of its flights from Dallas Love Field to airports in Houston.

Cathay Pacific to cut service

Cathay Pacific Airways Ltd. said it's cutting flights to some North American and Asian cities, reducing total services by 4 percent. Hong Kong's biggest carrier is cutting flight frequencies to Los Angeles, Vancouver, Bangkok, Kuala Lumpur and Manila starting this month.