Nov 8 (Reuters) - Australian Competition and Consumer Commission:
* VIRGIN AUSTRALIA AUTHORISED TO COOPERATE WITH VIRGIN ATLANTIC
* SAYS IT HAS AUTHORISED CONDUCT UNTIL NOV 30, 2024
* ALLOWS VAH TO COOPERATE WITH VIRGIN ATLANTIC ON FLIGHTS BETWEEN AUSTRALIA, UK, IRELAND VIA HONG KONG, LOS ANGELES & OTHER FUTURE POINTS
* AUTHORISATION WILL ALLOW TWO AIRLINES TO COORDINATE ON MATTERS LIKE JOINTLY MANAGING PRICES, INVENTORY, AND MARKETING STRATEGIES
* ARRANGEMENTS AUTHORISED WILL NOT LESSEN COMPETITION ON ANY ROUTE, AND ARE LIKELY TO PROVIDE PUBLIC BENEFITS
* VIRGIN AUSTRALIA CONSIDERS THAT COOPERATION WILL INCREASE ITS PASSENGER NUMBERS, MAKING ITS HONG KONG SERVICE MORE SUSTAINABLE