European Commission clears British Airways/Iberia merger and transatlantic joint venture
Regulatory and labor concessions are speeding several European network carriers’ momentum toward economic recovery, though labor and government taxation obstacles remain. A key move occurred July 14 when the European Commission granted Oneworld alliance partners British Airways, Iberia and American Airlines antitrust immunity that allows for closer coordination of operations. Although the decision is important for American, it is particularly critical for the European partners, whose ...
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