Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/13/456 (23.05.13) |
Publication Date | 23/05/2013 |
Content Type | News |
The European Commission has accepted commitments offered by Air Canada, United and Lufthansa to address the Commission's concerns that the parties' cooperation under a revenue-sharing joint venture may be in breach of EU antitrust rules and harm premium passengers on the Frankfurt-New York route. Premium passengers are passengers travelling in the first, business and flexible economy classes. In order to address these concerns, the parties offered to make slots available at Frankfurt and New York airports and to enter into agreements with competitors, allowing them to offer more attractive services. As a result, competition on the Frankfurt-New York route will improve. After having consulted interested parties through a market test, the Commission has now made these commitments legally binding on the three airlines for a period of ten years. |
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Source Link | http://europa.eu/rapid/press-release_IP-13-456_en.htm |
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Subject Categories | Business and Industry, Internal Markets, Mobility and Transport |
Countries / Regions | Europe |
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