The planned commercial alliance between Virgin Australia and Singapore Airlines has cleared a key regulatory hurdle, with the Competition Commission of Singapore giving the arrangement its tick of approval.
“The Competition Commission of Singapore’s decision to grant approval for this strategic alliance is welcome news for our airline,” Virgin Australia group of airlines CEO John Borghetti said on Friday. “We believe the proposed alliance will enable us to offer a competitive, first-rate product to Australian and Asian travellers, as well as promote tourism in the two regions.”
The alliance, which would see the two airlines will codeshare on each others’ services, coordinate schedules, and offer passengers reciprocal lounge access and frequent flyer points, awaits final approval from the ACCC, which issued its draft approval for the alliance on October 13.