Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn
About

Company News Summary

Qantas Airways Notes ACCC Finds Japan Airlines Alliance Not in the Public Interest

13 Sep 2021  |  09:23:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: AXX: ACCC - QAN & Japan Airlines alliance not in public int

Qantas Airways noted that ACCC finds the Company's and Japan Airlines alliance not in the public interest. The ACCC has denied authorisation for the Company and Japan Airlines to coordinate flights between Australia and Japan under the terms of a joint business agreement. The ACCC found that the agreement would likely lead to reduced competition as international travel resumes, to the detriment of passengers travelling between Australia and Japan.

Please click here for full details

See more ASX300 News Announcements