Ann: GENERAL: AIR: Singapore regulatory clearance

• Release Date: 22/04/14 10:48
• Summary: GENERAL: AIR: Singapore regulatory clearance for proposed alliance
• Price Sensitive: No
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					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