The European Commission has conditionally approved IAG’s proposed acquisition of British Midlands (bmi). The cleared merger is conditional upon IAG’s commitments package. IAG is to release 14 daily slot pairs at London Heathrow airport. IAG also commits to feeder arrangements for connecting passengers on long-haul flights of competing airlines out of Heathrow. The commitments are aimed to facilitate new entry and to resolve the Commission’s concerns with the acquisition’s impact on consumer choice of airlines for specific routes.
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