The Competition Commission of Singapore has reportedly approved of a proposed joint venture between Air New Zealand and Singapore Airlines, paving the way for the airlines to increase flights between the two nations.
According to reports, the CCS acknowledged certain antitrust concerns regarding the deal, but ultimately ruled that economic benefits to Singapore outweighed those worries.
The joint venture includes a codesharing agreement that will allow Air New Zealand access to codes on flights between Singapore to Europe, Africa, and Southeast Asia. Singapore Airlines customers will in turn have access to Air New Zealand flights, according to reports.
Full Content: Centre for Aviation
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