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BRIEF-Virgin Australia Holdings - ACCC proposes to re-authorise Virgin-Etihad Alliance

Published 30/10/2015, 10:06 am
© Reuters.  BRIEF-Virgin Australia Holdings - ACCC proposes to re-authorise Virgin-Etihad Alliance
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Oct 29 (Reuters) - Virgin Australia Holdings Ltd VAH.AX :

* Axx: accc proposes to re-authorise Virgin-etihad alliance VAH.AX

* Australian competition and consumer commission - "Virgin and etihad will not share revenue under the alliance"

* Australian competition and consumer commission-issued draft determination proposing to re-authorise Virgin Australia and etihad airways

* Accc - "accc accepts that Virgin would not operate services to Abu Dhabi if this partnership with etihad did not exist"

* Australian competition and consumer commission - seeking submissions from interested parties in relation to its draft determination, before making a final decision

* Australian competition and consumer commission-"re-authorisation to continue existing air transport services international alliance"

* Australian competition and consumer commission- submissions are due by 16 November

* Accc-"re-authorisation to continue existing alliance , which operates between Australia and the Middle East, for a further five years"

* Source text for Eikon ID:nASXWnVdY

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