US govt approves American-Qantas JV
The US DoT has approved the proposed joint venture between American Airlines and Qantas, clearing the final barrier to the carriers' plans to coordinate transpacific flights. "We have concluded that, overall, the alliance and [joint business agreement] will be procompetitive and are likely to generate substantial benefits for the traveling public," says the DoT in a July 19 order. The order both approves the tie up and grants the joint business immunity from anti-trust laws. ”AA and Qantas do not need any more approvals before implementing the JV," American says. The DoT order requires the carriers implement the deal within 6 months. The deal calls for the carriers to coordinate pricing, sales, planning and other business functions on flights between North America and both Australia and New Zealand. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-07-22/oneworld/us-govt-approves-american-qantas-jv
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US govt approves American-Qantas JV
The US DoT has approved the proposed joint venture between American Airlines and Qantas, clearing the final barrier to the carriers' plans to coordinate transpacific flights. "We have concluded that, overall, the alliance and [joint business agreement] will be procompetitive and are likely to generate substantial benefits for the traveling public," says the DoT in a July 19 order. The order both approves the tie up and grants the joint business immunity from anti-trust laws. ”AA and Qantas do not need any more approvals before implementing the JV," American says. The DoT order requires the carriers implement the deal within 6 months. The deal calls for the carriers to coordinate pricing, sales, planning and other business functions on flights between North America and both Australia and New Zealand. <br/>
