| Author (Person) | Clark, Pilita |
|---|---|
| Series Title | Financial Times |
| Series Details | 15.7.10 |
| Publication Date | 15/07/2010 |
| Content Type | News |
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Article reports that the effort by the Oneworld airline alliance to catch up with rivals in the Star and SkyTeam groups took a step forward on the 14 July 2010 after the European Commission cleared American Airlines, British Airways and Iberia to co-operate more closely on transatlantic routes. The airlines won approval to jointly manage prices, schedules and capacity on flights between the US and Europe in a move analysts say should boost revenues and generate cost savings. The Commission also waved through a proposed merger by BA and Iberia that would create Europeâs third-largest airline group after Lufthansa and Air France-KLM. |
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| Subject Categories | Business and Industry, Internal Markets |
| Countries / Regions | Europe, Spain, United Kingdom |
