Congressmen threaten BA deal
Saturday 23 August 1997
The controversial planned alliance between British Airways and American Airlines came under further pressure yesterday when the European Commission revealed that US Congressional representatives investigating the tie-up shared the same competition fears.
Karel van Miert, the European Competition Commissioner, met the Congressional delegation in Brussels yesterday and said afterwards that both teams had "common ground" on the alliance.
The Commission is thought to be calling on British Airways to give up 350 of its lucrative take-off and landing slots at Heathrow Airport as condition for the alliance going ahead.
The months of horse-trading over the deal, including regulators in London, Washington and Brussels, have increasingly focused on whether BA will be able to receive financial compensation for any slots divested. Bob Ayling, BA's chief executive, wants to be able to sell the slots to other carriers, though the Commission is split on the issue of slot sales.
Mr Van Miert is also understood to be concerned that the alliance partners reduce flight frequencies between some transatlantic destinations.
The tie-up would give BA and American Airlines some 60 per cent of UK- US flights and has already attracted huge opposition from rival airlines in the US and Europe.
Dennis Rodman will coach the North Korea basketball team
Jennifer Lawrence attacks mass media again over body image
Jennifer Lawrence: 'It should be illegal to call someone fat on TV'
Ian Watkins: Police probed over earlier allegations as paedophile Lostprophets singer sentenced to 35 years for child sex offences
Iain Duncan Smith leaves Commons food banks debate early
Paul Walker death caused by speed alone
Devyani Khobragade: India-US row escalates over arrest of diplomat in New York
- 1 America's 'virgin births'? One in 200 mothers 'became pregnant without having sex'
- 2 Sun will 'flip upside down' within weeks, says Nasa
- 3 Christmas comes early: Justin Bieber is 'retiring from music'
- 4 Iain Duncan Smith leaves Commons food banks debate early
- 5 Children evacuated from swimming pool after prosthetic leg mistaken for paedophile
- < Previous
- Next >
iJobs Money & Business
£500 - £550 per day: Cornwallis Elt : Business Analyst Target Operating Mod...
£500 - £680 per day: Harrington Starr: Murex Business Analyst - 1000 CHF per d...
£60000 - £75000 per annum + Bonus and Benefits: Harrington Starr: A leading au...
£25000 - £32000 per annum: Harrington Starr: Junior Business Analyst - Banking...