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Tuesday September 24, 2013 MYT 12:00:00 AM
Tuesday September 24, 2013 MYT 6:48:35 AM
SINGAPORE’S competition watchdog has no issues with Australia’s Qantas working closely with its low-cost carrier arm, Jetstar, to plan flight schedules for example.
While cooperation between the airlines including Singapore’s Jetstar Asia may raise some competition concerns, “these would be offset by net economic benefits to Singapore passengers” said the Competition Commission of Singapore yesterday in a statement.
The presence of low-cost carriers on routes can generally increase the level of competitiveness through increased capacity and reduced prices from existing airlines, it said.
To expand its Asian business, Qantas has a pan-Asian strategy which includes setting up Jetstar affiliates in different markets.
While the arrangement does not require approval from Singapore’s competition watchdog, Qantas and Jetstar recently submitted an application to keep the commission informed and ensure no rules were being flouted. — The Straits Times / Asia News Network
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