JetBlue CE wants ‘checks and balances’ on antitrust-immunised JVs
Major US airlines involved in antitrust-immunised joint ventures with foreign airlines should have “nothing to hide” from periodic US govt reviews of those JVs, JetBlue Airways president and CE Robin Hayes said. Hayes reiterated JetBlue’s call for the DoT to periodically review the transnational JVs in which American Airlines, Delta Air Lines and United Airlines take part. He also highlighted JetBlue’s strong opposition to the proposed Delta-Aeromexico trans-border JV and insisted that, if approved, an American-Qantas JV should be revisited by DoT after 3 years. The US airline industry is “now the most concentrated airline industry in the world” and “exemption from antitrust laws” provides a “tremendous benefit … [to] 3 of the world’s largest airlines” at the expense of smaller US carriers such as JetBlue, Hayes said. <br/>
https://portal.staralliance.com/imagelibrary/news/hot-topics/2016-03-23/unaligned/jetblue-ce-wants-2018checks-and-balances2019-on-antitrust-immunised-jvs
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JetBlue CE wants ‘checks and balances’ on antitrust-immunised JVs
Major US airlines involved in antitrust-immunised joint ventures with foreign airlines should have “nothing to hide” from periodic US govt reviews of those JVs, JetBlue Airways president and CE Robin Hayes said. Hayes reiterated JetBlue’s call for the DoT to periodically review the transnational JVs in which American Airlines, Delta Air Lines and United Airlines take part. He also highlighted JetBlue’s strong opposition to the proposed Delta-Aeromexico trans-border JV and insisted that, if approved, an American-Qantas JV should be revisited by DoT after 3 years. The US airline industry is “now the most concentrated airline industry in the world” and “exemption from antitrust laws” provides a “tremendous benefit … [to] 3 of the world’s largest airlines” at the expense of smaller US carriers such as JetBlue, Hayes said. <br/>
