The Australian Competition and Consumer Commission has granted conditional interim* authorisation to Qantas Airways Ltd, to enter into a cooperation agreement with Orangestar Investment Holdings Pte Ltd, ACCC Chairman, Mr Graeme Samuel, announced today.
Orangestar is the holding company of Jetstar Asia and Valuair.
In April 2006, the ACCC received an application for authorisation from Qantas for a cooperation agreement with Orangestar, to coordinate their flying operations and activities. Qantas also applied for interim authorisation for the arrangements, while the ACCC considers the merits of the substantive application.
The ACCC has granted interim authorisation to the arrangements, on condition that Qantas and Orangestar do not reach agreement on allocation of existing capacity or withdrawal of services on overlapping routes and do not reach agreement not to enter routes to/from Australia.