A PYMNTS Company

Australia: Virgin wins clearance for Delta alliance on trans-Pacific routes

 |  June 4, 2015

Virgin Australia has gained interim approval from the competition regulator to extend its alliance with Delta Air Lines on Australia-US routes for a further five years – half the length of time the airlines had sought.

In a draft decision on Thursday, the Australian Competition and Consumer Commission said it believed Virgin’s tie up with one of the US’s largest airlines was likely to result in public benefits that would outweigh the impact of any lessening of competition.

“The ACCC accepts that this combined network is likely to be valued by travellers between Australia and the US,” the regulator’s commissioner, Jill Walker, said.

Full content: News.com.au

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