U.S. gives final OK for Aer Lingus to join transatlantic joint venture
Reuters
Published Dec 21, 2020 05:36PM ET
WASHINGTON (Reuters) - Irish airline Aer Lingus received final U.S. approval on Monday to join a transatlantic joint venture with other major airlines.
The U.S. Transportation Department in November granted tentative approval for Aer Lingus to join the venture consisting of American Airlines (NASDAQ:AAL), British Airways, OpenSkies, Iberia, and Finnair.
The announcement will give the joint venture control of more than half of the U.S.-Ireland passenger flight market. The approval will integrate Aer Lingus into the venture's network planning, pricing and sales.
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Written By: Reuters
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