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BRIEF-Australia's ACCC Says Virgin Australia Authorised To Cooperate With Virgin Atlantic

Published 08/11/2019, 12:31 pm
Updated 08/11/2019, 12:35 pm
© Reuters.  BRIEF-Australia's ACCC Says Virgin Australia Authorised To Cooperate With Virgin Atlantic

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

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