Delta’s Joint Venture with Virgin Gets Initial Antitrust Approval

By Paul Riegler on 30 August 2013
  • Share
Delta aircraft at JFK

Delta aircraft at JFK

Delta Air Lines’ plans for a trans-Atlantic alliance with Virgin Atlantic Airways received tentative approval on Friday.

In a filing on Friday, the U.S. Department of Transportation said it had tentatively concluded that the planned alliance between the two carriers would boost competition in the North American-United Kingdom transatlantic market.    Delta recently acquired a 49% stake in Virgin. The filing also said that the pact would provide benefits to consumers.

The DOT said that the partnership would “create a strong, competitive counterweight” to the joint venture by oneworld partners’ American Airlines, British Airways, and Iberia, which already has antitrust immunity.

The move paves the way for the two airlines to be granted antitrust immunity, which would allow them to combine schedules, marketing activities, and revenue for flights covered by the joint venture.

(Photo: Accura Media Group)

Accura News

Read previous post:
Lobby Bar – August 30: Bodysnatching Court Dates, Picturesque Cement, An Army of Words, and Sometimes Black and White is Better

The Lobby Bar – A Weekly Summary of Frequent Business Traveler News and Views Invasion of the new words.  Jonathan...