Nigelinoz
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FT.com / US / Politics & Foreign policy - Airline alliances at risk from antitrust move
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Legislation that could eventually force US airlines to abandon joint ventures with their transatlantic peers may be gaining momentum in Washington, just as carriers such as United, American and British Airways seek federal approval to build closer ties.
Stymied by rules forbidding mergers between US carriers and their foreign counterparts, many of world’s largest airlines have forged alliances to help share revenue and costs, and extend their reach around the globe. As those alliances evolved, airlines sought immunity from US antitrust rules to co-ordinate their schedules and fares.
Delta Airlines has such a venture with Air France-KLM, while United enjoys an immunised relationship with Lufthansa.
Jim Oberstar, chairman of the House transportation and infrastructure committee, proposed a bill last month that calls for tougher standards on airline alliances that were granted antitrust immunity.
FT.com / US / Politics & Foreign policy - Airline alliances at risk from antitrust move
.
Legislation that could eventually force US airlines to abandon joint ventures with their transatlantic peers may be gaining momentum in Washington, just as carriers such as United, American and British Airways seek federal approval to build closer ties.
Stymied by rules forbidding mergers between US carriers and their foreign counterparts, many of world’s largest airlines have forged alliances to help share revenue and costs, and extend their reach around the globe. As those alliances evolved, airlines sought immunity from US antitrust rules to co-ordinate their schedules and fares.
Delta Airlines has such a venture with Air France-KLM, while United enjoys an immunised relationship with Lufthansa.
Jim Oberstar, chairman of the House transportation and infrastructure committee, proposed a bill last month that calls for tougher standards on airline alliances that were granted antitrust immunity.
