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SKYMARK ASKS FTC TO INVESTIGATE MAJOR AIRLINES' FARE CUTS.
TOKYO, Sep 2 Asia Pulse - Skymark Airlines Co. (TSE:9204) asked the Fair Trade Commission (FTC) on Friday to begin an investigation into the fare reductions made by major airlines to see if the cuts violate Japan's Antimonopoly Act.
Skymark believes the cuts were made to eliminate new players in the industry.
At the end of July, Skymark set a fare of 16,000 yen (US$134.77) each way as a special round-trip fare on its Haneda-Fukuoka ...
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Source: HighBeam Research, SKYMARK ASKS FTC TO INVESTIGATE MAJOR AIRLINES' FARE CUTS.