American-Qantas joint venture approval may slip to early 2019
US approval of the proposed joint venture between American Airlines and Qantas Airways could slip a few months to early 2019, says Qantas CE Alan Joyce. The carriers are "very optimistic" that the tie-up will get a nod from antitrust regulators but, with the Christmas and New Year holidays imminent, approval may not come until early in the new year, he said Wednesday. American and Qantas reapplied for immunity with the US DoT in February, just over a year after a previous joint venture application was rejected by the regulator in 2016. The airlines have emphasised the economic benefit of their partnership, which tally at US$310m annually. In addition, they have promised to add at least 3 new routes between Australia and the USA if approved. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-12-06/oneworld/american-qantas-joint-venture-approval-may-slip-to-early-2019
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American-Qantas joint venture approval may slip to early 2019
US approval of the proposed joint venture between American Airlines and Qantas Airways could slip a few months to early 2019, says Qantas CE Alan Joyce. The carriers are "very optimistic" that the tie-up will get a nod from antitrust regulators but, with the Christmas and New Year holidays imminent, approval may not come until early in the new year, he said Wednesday. American and Qantas reapplied for immunity with the US DoT in February, just over a year after a previous joint venture application was rejected by the regulator in 2016. The airlines have emphasised the economic benefit of their partnership, which tally at US$310m annually. In addition, they have promised to add at least 3 new routes between Australia and the USA if approved. <br/>
