DOT approval of AA-Qantas joint venture signals 'open season'
- July 28, 2019
- Jan Brueckner, economics, via Travel Weekly, July 28, 2019
In a February study commissioned by the DOT, University of California-Irvine professor Jan Brueckner found that joint venture alliances increase ticket prices on one-stop itineraries between major gateways because they have the effect of removing a carrier from the marketplace. However, the study also found that the alliances bring down prices on connecting interline itineraries.
For the full story, please visit https://www.travelweekly.com/Travel-News/Airline-News/DOT-approval-AA-Qantas-joint-venture-signals-open-season.