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Latest Share Chat

Competition transatalantic joint business review

11 Oct 2018 07:16

RNS Number : 7047D
International Cons Airlines Group
11 October 2018
 

COMPETITION TRANSATLANTIC JOINT BUSINESS REVIEW

 

International Airlines Group (IAG) notes the UK Competition and Markets Authority's (CMA) announcement today and will respond to its review.

Since 2010, British Airways and Iberia's transatlantic joint business with American Airlines and Finnair has been bringing significant benefits to millions of travellers. It provides them with improved access to cheaper fares and easier journeys to more destinations. During this period the joint business has launched 45 new routes including 14 between the UK and US. Also, the airlines are able to align their flight schedules and frequencies to enhance customers' travel choices.

 

Ends

Ocotber 11, 2018

 

LEI: 959800TZHQRUSH1ESL13

This announcement contains inside information and is disclosed in accordance with the company's obligations under the Market Abuse Regulation (EU) No 596/2014.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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