A PYMNTS Company

Singapore: Airbus-SIA joint venture cleared by competition watchdog

By  |  February 16, 2015

A proposed joint venture between Airbus Services Asia Pacific and Singapore Airlines, which aims to provide pilot training services for Airbus aircraft in the Asia-Pacific region, has been cleared by the Competition Commission of Singapore (CCS).

    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.

    CCS said in a press release on Monday that after reviewing submissions and feedback from customers and competitors as well as a public consultation, it drew to a conclusion that the transaction is unlikely to lead to substantial competition concerns in Singapore.

    Instead, CCS said the joint venture, which is about to create a new player in regional market, is likely to increase the level of competition for such services.

    Full Content: Channel News Asia

     

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