Five year approval for Corporate Alliance.
The Australian Competition and Consumer Commission has just confirmed the five year authorisation of the Corporate Alliance between Virgin Australia and Skywest Airlines.
The deal had already received draft approva in January, with the carriers now set to offer “bundled air passenger transport services to corporate customers who seek an integrated suite of charter, domestic and international services, such as mining companies with large fly-in fly-out workforces”.
The ACCC said the carriers operate mostly complementary networks, and that the Alliance “will promote competition by enabling Virgin Australia and Skywest to offer a more extensive integrated air service package to corporate customers in competition with Qantas and its affiliates”.
ACCC chairman Rod Sims said this was likely to result in public benefits such as enhanced products and services available to corporate customers, increased choice of integrated service providers and “potentially lower prices due to closer competition”.
More information in today’s Travel Daily