International Cons Airlines Group Competition transatalantic joint business review (7047D)
11 October 2018 - 5:16PM
UK Regulatory
TIDMIAG
RNS Number : 7047D
International Cons Airlines Group
11 October 2018
COMPETITION TRANSATLANTIC JOINT BUSINESS REVIEW
International Airlines Group (IAG) notes the UK Competition and
Markets Authority's (CMA) announcement today and will respond to
its review.
Since 2010, British Airways and Iberia's transatlantic joint
business with American Airlines and Finnair has been bringing
significant benefits to millions of travellers. It provides them
with improved access to cheaper fares and easier journeys to more
destinations. During this period the joint business has launched 45
new routes including 14 between the UK and US. Also, the airlines
are able to align their flight schedules and frequencies to enhance
customers' travel choices.
Ends
Ocotber 11, 2018
LEI: 959800TZHQRUSH1ESL13
This announcement contains inside information and is disclosed
in accordance with the company's obligations under the Market Abuse
Regulation (EU) No 596/2014.
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END
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