UK opens formal inquiry into CityJet-Aer Lingus deal
The UK Competition and Markets Authority (CMA) has opened a formal merger inquiry into CityJet’s plans to wet-lease 2 Avro RJ85s to Aer Lingus. CMA launched a formal inquiry Oct 29, marking an escalation of an initial enforcement order that was issued Oct 4. The investigation relates to CityJet’s late-August announcement that it plans to relinquish operating Dublin-London City in its own right and instead fly 2 Avro RJ85s on behalf of Aer Lingus from Oct 28. The aircraft will fly in Aer Lingus colours, with the IAG carrier’s service model on board. “The CMA is considering whether it is or may be the case that this transaction has resulted in the creation of a relevant merger situation…and, if so, whether the creation of that situation has resulted, or may be expected to result, in a substantial lessening of competition,” CMA said. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-10-30/unaligned/uk-opens-formal-inquiry-into-cityjet-aer-lingus-deal
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UK opens formal inquiry into CityJet-Aer Lingus deal
The UK Competition and Markets Authority (CMA) has opened a formal merger inquiry into CityJet’s plans to wet-lease 2 Avro RJ85s to Aer Lingus. CMA launched a formal inquiry Oct 29, marking an escalation of an initial enforcement order that was issued Oct 4. The investigation relates to CityJet’s late-August announcement that it plans to relinquish operating Dublin-London City in its own right and instead fly 2 Avro RJ85s on behalf of Aer Lingus from Oct 28. The aircraft will fly in Aer Lingus colours, with the IAG carrier’s service model on board. “The CMA is considering whether it is or may be the case that this transaction has resulted in the creation of a relevant merger situation…and, if so, whether the creation of that situation has resulted, or may be expected to result, in a substantial lessening of competition,” CMA said. <br/>
