Loading
13-Feb-2019 10:57 AM

EC approves joint control of Virgin Atlantic by Air France-KLM, Delta and Virgin Group

European Commission (EC) approved (12-Feb-2019) the proposed acquisition of joint control over Virgin Atlantic Airways by Air France-KLM, Delta Air Lines and Virgin Group. The Commission concluded the transaction would raise no competition concerns in the European Economic Area. Other key findings include:

  • None of the overlapping routes raises competition concerns despite a small number of routes with high combined market shares, because the overlapping routes are direct/indirect overlaps, and Virgin Atlantic, Delta and Air France-KLM are not close competitors and they continue to face significant competition from other carriers on the routes where the activities of both airlines overlap;
  • The increase in their combined slot portfolio is unlikely to have a negative effect on passengers at London Heathrow Airport and Manchester Airport. [more - original PR]

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More