ACCC supports Virgin Skywest alliance

Company News


The Australian Competition and Consumer Commission (ACCC) has supported Virgin Australia Holdings Limited (ASX:VAH) proposed alliance with regional Western Australian airline Skywest.

The partnership is geared towards promoting competition with Qantas Airways Limited's (ASX:QAN) corporate customer base.

The ACCC will review submissions before issuing a final decision.

In the first half of the 2012 financial year Virgin Australia generated a net profit of $51.8 million.

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