Schwarzenegger Backs British Airways, Amer Airlines ATI Claim
26 Marzo 2009 - 1:39AM
Noticias Dow Jones
British Airways PLC (BAY.LN) along with other members of the
oneworld alliance have gained the support of California's Governor
Arnold Schwarzenegger in their application for antitrust immunity
status, or ATI.
British Airways, AMR's Corp (AMR) American Airlines, Iberia
Lineas Aereas de Espana SA (IBLA.MC), Finnair OYJ (FIA1S.HE) and
Royal Jordanian are seeking ATI status which would allow the
airlines to work more closely together and bypass monopoly laws in
the U.S. Should they gain ATI approval, they would be able to work
together on scheduling and pricing in a deal that would also
involve revenue sharing.
In a letter posted on a U.S. government regulations Web site
March 25, Schwarzenegger urges the Department of Transportation to
approve the airlines' application, which would "allow them to
compete with the Star and SkyTeam alliances, which already have
broad antitrust immunity for transatlantic flights."
Schwarzenegger, who offers additional assistance, added approval
"will positively impact the air travel industry" by offering
customers more service, scheduling and pricing options and "will
help ensure that they continue to benefit from having three
competitive air alliances."
Company Web site: www.britishairways.com
www.aa.com
www.iberia.com
-By Kaveri Niththyananthan, Dow Jones Newswires; 4420 7842 9299;
kaveri.niththyananthan@dowjones.com