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Russia: Regulator blocks airline merger

By  |  April 29, 2015

Russia’s Federal Antimonopoly Service has blocked Norilsk-based Taimyr Airlinesfrom acquiring a 47.8% share in Arkhangelsk-based Nordavia Airline.

FAS said in a statement that the deal could lead to competition restriction, which would give Taimyr a dominant position on several regional routes, including Arkhangelsk-Naryan-Mar and Murmansk-Arkhangelsk.

FAS also pointed out that Norilsk Airport is also a member of Norilsk Nickel. The antitrust authorities also said a further combination of airport and airline business could lead to competition restrictions.

 

Full Content: Air Transport World

 

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