Competition transatalantic joint business review

RNS Number : 7047D

International Cons Airlines Group

11 October 2018

 

COMPETITION TRANSATLANTIC JOINT BUSINESS REVIEW

International Airlines Group (IAG) notes the UK Competition and Markets Authority's (CMA) announcement today and will respond to its review.

Since 2010, British Airways and Iberia's transatlantic joint business with American Airlines and Finnair has been bringing significant benefits to millions of travellers. It provides them with improved access to cheaper fares and easier journeys to more destinations. During this period the joint business has launched 45 new routes including 14 between the UK and US. Also, the airlines are able to align their flight schedules and frequencies to enhance customers' travel choices.

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Ocotber 11, 2018                                                                                                                                

LEI: 959800TZHQRUSH1ESL13

This announcement contains inside information and is disclosed in accordance with the company's obligations under the Market Abuse Regulation (EU) No 596/2014.

 

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