Qantas joint-venture decision soon, says American Airlines
American Airlines is confident the US transport regulator will soon decide whether to approve a proposed joint-venture with Qantas, which the airlines claim will give flyers US$400m a year in benefits. The two alliance partners applied to Australian and US regulators 4 years ago in 2015 to approve a tie-up that would see them share revenue and marketing costs on each other’s Trans-Pacific flights. The Australian Competition and Consumer Commission waved it through but the US DoT knocked it back because of the two airlines' market power. Qantas and American control 60% of traffic between Australia and the US. Kurt Stache, a senior VP at American Airlines, said the airline expected a decision on a revised application, submitted early last year, was not far off. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-05-31/oneworld/qantas-joint-venture-decision-soon-says-american-airlines
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Qantas joint-venture decision soon, says American Airlines
American Airlines is confident the US transport regulator will soon decide whether to approve a proposed joint-venture with Qantas, which the airlines claim will give flyers US$400m a year in benefits. The two alliance partners applied to Australian and US regulators 4 years ago in 2015 to approve a tie-up that would see them share revenue and marketing costs on each other’s Trans-Pacific flights. The Australian Competition and Consumer Commission waved it through but the US DoT knocked it back because of the two airlines' market power. Qantas and American control 60% of traffic between Australia and the US. Kurt Stache, a senior VP at American Airlines, said the airline expected a decision on a revised application, submitted early last year, was not far off. <br/>
