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India: CCI unfazed by Singapore, Airbus JV

 |  October 26, 2014

The Competition Commission of India has given its approval for a proposed joint venture between Singapore Airlines and Airbus Services Asia Pacific, say reports.

The partnership aims to coordinate pilot training between the airlines through the formation of the Airbus Asia Training Centre, in which France’s Airbus would hold a 55 percent stake, while the rest would remain with Singapore Airlines.

The CCI said that there was no overlap between the companies regarding pilot training and therefore found no cause for competition concerns.

Earlier this year Singapore Airlines was cleared to launch another joint venture with Air New Zealand.

Full content: Economic Times of India

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