A PYMNTS Company

Singapore: Troubled Jet, Etihad JV facing fresh scrutiny

 |  June 19, 2014

Since the partnership between India-based Jet Airways and UAE-based Etihad Airways was announced last year, the venture has faced troublesome competition reviews. While India cleared the deal several months ago, reports say Singapore is now scrutinizing the deal.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The Competition Commission of Singapore is now reviewing the tie-up and how it “relates to the provision of international air passenger airport services (and associated support services), with a specific focus on the Singapore origin and destination city pairs,” the regulator announced.

    Reports say authorities are especially concerned about coordinated schedules and pricing between the two airlines. Under terms of the deal, Etihad acquired 24 percent of Jet.

    The regulator is now seeking public feedback on the deal until July 11.

    Full content: Money Life

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