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AQZ Alliance Aviation Services News Story

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Brief: ACCC Says Qantas' Proposed Acquisition Of Alliance Airlines Raises Preliminary Competition Concerns

Aug 18 (Reuters) - ACCC:
    * QANTAS' PROPOSED ACQUISITION OF ALLIANCE AIRLINES RAISES
PRELIMINARY COMPETITION CONCERNS
    * CONCERNED PROPOSED ACQUISITION LIKELY TO SUBSTANTIALLY
LESSEN
COMPETITION FOR AIR TRANSPORT SERVICES
    * PROPOSED ACQUISITION WOULD REMOVE ALLIANCE AS ONLY
COMPETITOR TO
QANTAS ON BRISBANE-MORANBAH REGIONAL PASSENGER TRANSPORT ROUT
    * IS CONSIDERING LEVEL OF COMPETITION PROVIDED BY AIRLINES
LIKE
VIRGIN AND COBHAM’S REGIONAL SERVICES ARM, WHICH WAS RECENTLY
PURCHASED BY REX
    * CONCERNED PROPOSED ACQUISITION LIKELY LESSEN COMPETITION
FOR AIR
TRANSPORT SERVICES BETWEEN REGIONAL & REMOTE AREAS IN QUEENSLAND
& WA
    * CONSIDERING HOW REMOVAL OF ALLIANCE'S AIRCRAFT LEASING
SERVICES
WOULD IMPACT ABILITY OF CURRENT & NEW ENTRANTS TO COMPETE
AGAINST QANTAS

Source text for Eikon:  ID:nASX82tnmp 
Further company coverage:  AQZ.AX 

 ((Reuters.Briefs@thomsonreuters.com;))

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