The Jetstars receive joint venture approval

 The Australian Competition and Consumer Commission (ACCC) has granted approval for four Asian based Jetstar branded airlines to coordinate on each other’s passenger and cargo services.

The authorisation was delivered to Jetstar Asia, Jetstar Pacific, Jetstar Japan and Jetstar Hong Kong on intra-Asian routes until 31 March 2018.

ACCC chairman Rod Sims said coordination will likely benefit travellers with increased access to Jetstar flights and destinations across Asia.

“The ACCC considers that the coordination is likely to result in little, if any, detriment due to the fact that the Jetstar joint ventures are unlikely to be close competitors with each other with or without authorisation, nor are the joint ventures likely to be close competitors with their owners,” Mr Sims said.

“More important, in most instances where overlap does occur, there are multiple competitors present. As a result the ACCC considers that the coordination is likely to result in little, if any, detriment.”

Sourced: etravelblackboardasia