- Release Date: 22/04/14 10:48
- Summary: GENERAL: AIR: Singapore regulatory clearance for proposed alliance
- Price Sensitive: No
- Download Document 702B
AIR 22/04/2014 08:48 GENERAL REL: 0848 HRS Air New Zealand Limited (NS) GENERAL: AIR: Singapore regulatory clearance for proposed alliance The Competition Commission of Singapore has given clearance for the proposed alliance between Air New Zealand and Singapore Airlines. Air New Zealand welcomes the decision which is the first of two regulatory approvals required. The alliance is also subject to the approval of the New Zealand Minister of Transport. The Competition Commission of Singapore has found that any competition concerns associated with the proposed alliance are outweighed by the net economic benefits to Singapore. End CA:00249654 For:AIR Type:GENERAL Time:2014-04-22 08:48:15
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