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BRIEF- Australian Competition and Consumer Commission re-authorises Virgin-Etihad alliance

Published 04/12/2015, 09:35 am
Updated 04/12/2015, 09:40 am
© Reuters. BRIEF- Australian Competition and Consumer Commission re-authorises Virgin-Etihad alliance

Dec 4 (Reuters) - Australian Competition And Consumer Commission:

* ACCC re-authorises Virgin-Etihad alliance

* ACCC - considers that alliance would be likely to continue to deliver public benefits

* Re-authorised Virgin Australia and Etihad Airways to continue existing air transport services international alliance

* "Virgin and Etihad will not share revenue under the alliance"

* Virgin introduced Sydney-Abu Dhabi services as part of the implementation of the alliance

* Virgin could not offer a viable service on the route without offering the connections available on etihad's network within the alliance

* "Under the alliance, the airlines cooperate on joint pricing and scheduling of services across their networks"

* Accepts that Virgin would not operate services to Abu Dhabi if this partnership with Etihad did not exist

Source text for Eikon ID:nASX6QdtVQ

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