BRIEF-Australia's ACCC Proposes Authorisation For Virgin Australia To Sell Air New Zealand's Trans-Tasman Services

Reuters05-01

May 1 (Reuters) - Australian Competition and Consumer Commission (ACCC):

* PROPOSES AUTHORISATION FOR VIRGIN AUSTRALIA TO SELL AND MARKET AIR NEW ZEALAND'S TRANS-TASMAN SERVICES

* ISSUED DRAFT DETERMINATION PROPOSING TO GRANT AUTHORISATION TO VIRGIN AUSTRALIA & AIR NEW ZEALAND

* CODESHARE RIGHTS PROVIDED ON CONDITION THAT AIR NZ SPECIFIES FARES AT WHICH VIRGIN AUSTRALIA MAY MARKET & RESUPPLY ITINERARIES

* SEEKING SUBMISSIONS IN RESPONSE TO THE DRAFT DETERMINATION BY 8 MAY 2024, BEFORE MAKING ITS FINAL DECISION

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((Reuters.Briefs@thomsonreuters.com;))

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