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Australia's competition watchdog okays Virgin Blue-Air New Zealand alliance.

The Nation (Thailand)

| December 17, 2010 | COPYRIGHT 2008 Nation Multimedia Group. (Hide copyright information)Copyright

Byline: The Nation.

Australia's competition watchdog okays Virgin Blue-Air New Zealand alliance

Australia's competition watchdog yesterday conditionally approved a tie-up between local carrier Virgin Blue and Air New Zealand on routes between the two nations.

The Australian Competition and Consumer Commission (ACCC) will permit the two carriers to coordinate pricing, revenue management, schedules, capacity and routes in an agreement that will apply for three years.

The watchdog said it had given a conditional green light to the tie-up on the lucrative Australia-New Zealand route after earlier objections had been overcome, but stressed that some …

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