29/08/08: Virgin Atlantic welcomes the european Comissions Inbestigation into anti competitive BA/American airline alliance
Virgin Atlantic today welcomed the announcement by the European commission that it is to open an investigation into the proposed BA/American Airlines alliace with Iberia. BA and AA recently applied for permission to fix prices and schedules on routes across the Atlantic. Steve Ridgway chief executive of Virgin Atlantic said: “The European Commission have rightly begun an investigation, under their own initiative, because they understand that consumers will be worse off if this alliance proceeds. The proposals would create a monster monopoly, which would mean that BA/AA and Iberia would be way too dominant on key routes into and out of Heathrow airport.
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