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Initial support given to a five year extension of the joint services agreement (JSA) between Qantas Airways and British Airways by The Australian Competition and Consumer Commission (ACCC), after issuing a draft determination proposing to grant authorisation to the deal.
The agreement, which has been in operation for 14 years, allows the two companies to coordinate commercial arrangements between their travel services. "The ACCC considers the JSA is likely to continue to deliver public benefits in the form of lower fares and broader availability of schedule options for air passengers," ACCC chairman Graeme Samuel said.
The large amount of competition on the travel routes the agreement applies to, primarily between Australia and Europe, means that costs saved under the deal can be passed on to customers. "The increasing competition from other carriers means the JSA is unlikely to result in any substantial lessening of competition in the relevant markets," Mr Samuel said
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