Australia watchdog approves Virgin Blue-Delta jv - News

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Australia watchdog approves Virgin Blue-Delta jv

By: AFX | 01 Nov 2009 | 09:43 PM ET

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SYDNEY, Nov 2 (Reuters) - Australia's competition watchdog gave initial approval on Monday to a joint venture between local airline Virgin Blue Holdings Ltd and Delta Air Lines for flights between Australia and the United States. "The joint venture is likely to assist Virgin Blue and Delta to compete more effectively against the incumbents on the routes, Qantas and United Airlines," Australian Competition and Consumer Commission Chairman Graeme Samuel said in a statement on Monday. (Reporting by Mark Bendeich; Editing by Michael Perry) (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) Keywords: DELTA VIRGINBLUE/ (mark.bendeich@thomsonreuters.com; +612 93731817; mark.bendeich.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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