Tue. Nov 12th, 2019

Virgin Australia has a green light to strengthen ties with Virgin Atlantic



Australian authorities on Friday authorized the airline Virgin Australia, which obtained losses last fiscal year, to strengthen ties with British Virgin Atlantic on flights between the oceanic country and the United Kingdom and Ireland, via Hong Kong and Los Angeles.

The Australian Competition and Consumption Commission (ACCC) said in a statement that the permit, which will be in force until November 30, 2024, allows the two airlines to coordinate prices jointly, as well as inventories and strategies. marketing, among other aspects.

The two airlines already shared flights, but they had limitations when it came to strengthening their cooperation.

"These arrangements that have been authorized will not decrease competition on any of the routes and are more likely to provide benefits to the public, including improved schedules and extended benefits of loyalty programs," said the commissioner of the ACCC Stephen Rideway.

Virgin Australia and Virgin Atlantic are two separate businesses, although both belong to the parent group of Virgin, based in London.

The ACCC said that the services of both airlines do not overlap on any of the routes and said the cooperation will benefit customers.

Virgin Australia, the second Australian airline, recorded losses of AUD 315.4 million (USD 217 million or EUR 196 million) in the last financial year, according to an annual report.

. (tagsToTranslate) Virgin (t) Australia (t) green (t) narrow (t) Atlantic



Source link