Daniel Ross, writing for Upgraded Points:

Since LATAM cut ties with Oneworld back in 2019, earning status with the airline has been almost entirely restricted to LATAM Pass — the airline’s own loyalty program.

…This is about to change significantly for Europe-based flyers, especially Club Iberia Plus members. As of now, crediting nonstop LATAM flights between Europe and Latin America to Club Iberia Plus accounts will earn status-earning Elite Points.

Similarly, LATAM Pass members will earn Qualifying Points when Iberia flights are credited to their accounts.

The partnership, which Iberia bills as the “Iberia-LATAM Alliance,” allows members to earn status points on Europe to Latin America flights whether they’re booked under the code IB or LA. There are other benefits as well, including points bonuses and reciprocal status recognition.

For Iberia members flying abroad, it’s almost going to feel like LATAM never left oneworld.