Since the partnership between India-based Jet Airways and UAE-based Etihad Airways was announced last year, the venture has faced troublesome competition reviews. While India cleared the deal several months ago, reports say Singapore is now scrutinizing the deal.
The Competition Commission of Singapore is now reviewing the tie-up and how it “relates to the provision of international air passenger airport services (and associated support services), with a specific focus on the Singapore origin and destination city pairs,” the regulator announced.
Reports say authorities are especially concerned about coordinated schedules and pricing between the two airlines. Under terms of the deal, Etihad acquired 24 percent of Jet.
The regulator is now seeking public feedback on the deal until July 11.
Full content: Money Life
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