US DOT Grants Tentative Approval to QF/AA Joint Venture

[Mattg]

Looks like the QF/AA alliance is up for renewal in Australia, and the ACCC has proposed to renew it for a further five years.

ACCC proposes to re-authorise Qantas-American Airlines alliance

The ACCC is proposing to re-authorise the alliance between Qantas Airways Limited (ASX: QAN) and American Airlines Inc. for a further five years.

www.accc.gov.au

“The ACCC considers the public benefits from this alliance are likely to continue under this re-authorisation,” ACCC Commissioner Sarah Court said.

“Passengers travelling on Trans-Pacific routes could benefit through enhanced products and services, including a greater likelihood of increased capacity and new routes; increased connectivity and improved schedule choice. Loyalty program benefits and improved lounge access, cost savings and efficiencies are also likely to be a result.”