ACCC approves Virgin Blue-AirNZ alliance
The Australian Competition and Consumer Commission has approved the proposed trans-Tasman alliance between Air New Zealand and Virgin Blue.
Air New Zealand CEO Rob Fyfe said the two airlines were able to respond to the ACCC’s draft determination and address initial concerns by providing guarantees on capacity growth.
Air New Zealand expects a decision on its alliance application to the New Zealand Minister of Transport within the next few days.
The alliance has pledged to offer a broad, free-sale code-share arrangement covering all Tasman sectors currently operated by either airline and domestic sectors forming part of a connecting Tasman journey.
There will also be a revenue allocation agreement supported by a joint trans-Tasman Network Planning and Revenue Management team.
Reciprocal frequent flyer and lounge access agreements will apply.
Ian Jarrett
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