Lufthansa and United trans-atlantic partnership approved by EU officials
Photo Credit: Lufthansa and United side-by-side at Chicago O'Hare Airport. Flickr / InSapphoWeTrust
Skift Take
Consolidation isn’t just happening within countries; international airlines are also increasingly seeking partnerships that allow the carriers to cut costs while increasing revenue.
Deutsche Lufthansa AG and United Continental Holdings Inc. reached a settlement with European Union antitrust regulators, ceding airport slots in Frankfurt and New York in exchange for approval of their A++ trans- Atlantic venture also involving Air Canada.
The European Commission said that the airlines also committed to reach ticketing and flight connection agreements with competitors as part of settlement, which resolved concerns that the venture would drive up ticket costs for trans-Atlantic passengers. The decision allows the A++ venture to go ahead without the risk of EU fines.
“Thanks to the commitments offered by the three airlines, passengers on the Frankfurt-New York route w
