France Air Traffic Controllers to Strike For Two Days

Posted: July 23rd, 2010

The US Transportation Department gave their final approval on the antitrust waiver for a transatlantic alliance between Oneworld members, American Airlines, British Airways and Iberia. Fellow oneworld® members Finnair and Royal Jordanian also received antitrust immunity from DOT. This new joint venture will allow these carriers to coordinate scheduling and pricing, while sharing revenue and costs on those routes. The DOT required that a limited number of landing slots at London’s Heathrow airport be surrendered to competitors in exchange for the joint venture approval. According to the DOT, the new arrangement will enable these Oneworld carriers to "compete more vigorously" with the Star Alliance and SkyTeam, alliances that already have immunized joint ventures for transatlantic routes. Also, the DOT said the Oneworld joint venture would benefit travelers with "lower fares in some markets, new nonstop routes, improved services and better schedules." Customers also will receive numerous benefits, including expanded opportunities to earn and redeem frequent flyer miles and elite tier benefits and continued reciprocal airport lounge access.