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British Air, AMR Unveil Atlantic Pact, Seek Immunity
By Steve Rothwell and Mary Schlangenstein
Aug. 14 (Bloomberg) -- British Airways Plc and American Airlines agreed to create an alliance that would allow them to operate as a single carrier on trans-Atlantic routes and dominate U.S. flights at London's Heathrow airport.
The airlines and Iberia Lineas Aereas de Espana SA of Spain will seek antitrust clearance to coordinate prices, capacity, schedules and routes and share revenue on flights between Europe and North America, they said today on a conference call.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aIzyyzRBKVBg&refer=home
By Steve Rothwell and Mary Schlangenstein
Aug. 14 (Bloomberg) -- British Airways Plc and American Airlines agreed to create an alliance that would allow them to operate as a single carrier on trans-Atlantic routes and dominate U.S. flights at London's Heathrow airport.
The airlines and Iberia Lineas Aereas de Espana SA of Spain will seek antitrust clearance to coordinate prices, capacity, schedules and routes and share revenue on flights between Europe and North America, they said today on a conference call.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aIzyyzRBKVBg&refer=home