Company News Summary | 13 Sep 2021
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Qantas Airways Notes ACCC Finds Japan Airlines Alliance Not in the Public Interest
09:23:00 | Associate analysts
Original annuncemenet: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.
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