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LH/SQ pact draft approval

THE proposed Joint Venture Framework Agreement between Lufthansa and Singapore Airlines to coordinate operations from their local hubs to destinations including Australia has been given tentative approval from the ACCC. In Jun, LH and SQ informed the Australian Competition and Consumer Commission they were plotting a partnership to better compete with the likes of Gulf-based carriers (TD 24 Jun). The mooted joint venture covers points between Germany, Austria, Belgium and Switzerland (LH's home markets) and Singapore, Australia, Indonesia and Malaysia (SQ's ...

The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 22 Sep 16

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