A PYMNTS Company

EU: Will we see an aircraft-parts competition investigation?

By  |  October 15, 2015

Airlines, long critical of the allegedly high prices suppliers charge them, could be winning the ear of regulators, with the authorities in Europe examining whether to investigate possible anticompetitive practices in the market for aircraft parts and services, the Wall Street Journal Reports.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The International Air Transport Association, which represents more than 200 airlines, this year has said it is looking at the problem of a lack of competition in the market for jetliners, the engines that power them, and the services to repair them.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Now, the European Commission, the European Union’s executive arm, said it was “closely monitoring competitive conditions as regards maintenance of engines and components of large commercial aircraft.” A formal investigation is yet to launched, a spokesman said.

    Full content: The Wall Street Journal

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.