Home / Finance News / Watchdog probes British Airways and other airlines over transatlantic flights

Watchdog probes British Airways and other airlines over transatlantic flights

Watchdog probes British Airways and other airlines over fears of a potential monopoly on transatlantic flights

City & Finance Reporter for the Daily Mail

The competition watchdog is investigating British Airways and other airlines over fears about transatlantic flights.

Under the Atlantic Joint Business Agreement, BA, American Airlines, Iberia and Finnair have teamed up on certain routes between the US, Canada, Mexico and Europe, co-operating on pricing, capacity and schedules.

They say that it means passengers are able to mix and match flights across the airlines, use any of their websites, and connect between routes more smoothly.

The CMA is investigating British Airways and other airlines over fears about transatlantic flights

The CMA is investigating British Airways and other airlines over fears about transatlantic flights

The CMA is investigating British Airways and other airlines over fears about transatlantic flights

When the deal was struck in 2010, the airlines agreed to make landing and take-off slots available to competitors.

However, those commitments run out in 2020. 

The European Commission could reassess the agreement but may no longer be responsible for competition in the UK due to Brexit. 

Therefore, the CMA has decided to review the deal.

 

 

Advertisement

About mujtaba

Check Also

None of the Stablecoins Maintain Their Peg Against the US Dollar

There has been a large inflow of stablecoins in the cryptocurrency trade. The goal of …

Leave a Reply

Your email address will not be published. Required fields are marked *