Competition watchdog gives conditional nod to expanding SIA and Lufthansa joint venture

Quick Summary:

Move would boost tourism and related industries in Singapore and enable more competitive fares.

This would widen the geographic scope of a tie-up that the CCCS cleared in 2016, under which SIA and Lufthansa proposed to cooperate on the provision of air passenger services – including on pricing, sales and marketing and inventory management.

In November 2024, the CCCS held a consultation exercise to assess whether the proposed commitments would be enough to address competition concerns.

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeAustriaGreeceIcelandPhilippinesPortugalSpainVietnam

Topics: Include Competition Proposed Singapore Joint Lufthansa Expanded Venture Cccs Carriers Concerns

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-31 @ 16:05:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 582 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 25664590

View Article Analysis

About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 17 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 4 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

Publisher Details

Frequently Asked Questions