The EU Commission in Brussels tonight gave the green light for the takeover of bmi by Lufthansa. The competition commissioners decided that while there are some overlaps on some routes, this would not have a major anti-competitive impact on the market served by both carriers.
Interestingly, the EU commission said it had compared the traffic figures and potential effects on 30 routes and has concluded that on most of these, the carriers already serve together under the Star Alliance roof and as such the novelty factor would be limited.
The Commission further highlighted that the parallel investigation concerning Lufthansa's takeover of SN Brussels did not have an effect on the bmi investigation, since the Commission regards SN Brussels as a subsidiary of Lufthansa, which is a wholly different scenario.
The only guessing game left is who will have a worse night's sleep over the news: WW or SRB?
In other news --
- V2500 engine breaks on wing record
- Guess who's traveling the most?
- The winds of change - India's expat pilots looking for gigs
- GEnx - family tree videos
Subscribe to over 3,600 (and growing) analysis and opinion posts behind the headlines at Blackprogram
Posts
0 comments:
Post a Comment