Proposed alliance between Alitalia and Air France may be approved shortly.
A proposed alliance between Italian carrier Alitalia and Air France is expected to be approved if the airlines meet a few more conditions.
The alliance includes the airlines taking 2% stakes in each other as well as codesharing agreements on routes between the two countries. In order to receive approval from the European Commission, the carriers have already surrendered key airport slots to competitors in December 2003 to satisfy concerns of competition authorities.
Other concessions offered included allowing new entrants to join their frequent flyer programmes and enabling passengers to travel on more than one airline with one single ticket, reported Reuters.
((Comments on this story may be sent to firstname.lastname@example.org))
|Printer friendly Cite/link Email Feedback|
|Publication:||Airline Industry Information|
|Date:||Feb 12, 2004|
|Previous Article:||Sensis to develop system enhancements for ASDE-X system.|
|Next Article:||EU and US antitrust regulators approve Air France/KLM merger.|