Saturday, September 7, 2013

Delta, Virgin venture gets initial anti-trust nod




Delta Air Lines secured tentative approval for its planned transatlantic alliance with Virgin Atlantic Airways after US officials concluded it would likely boost competition, reported Dow Jones Newswires. The US Department of Transportation signalled the pact would be granted anti-trust immunity, allowing the two airlines to combine schedules, marketing and revenue from their transatlantic flights. The application was closely watched as it could have a bearing on any effort by AMR Corp, the parent of American Airlines, to draw US Airways Group into its existing transatlantic partnership if the two merger partners Read more

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