Pacific Overture ; Continental Vying for Position in Lucrative Asian Air Travel Market
The Record, Bergen County, NJ › February 19, 2010
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Summary
American airlines are jockeying for an advantage in the U.S.- Asia market amid plans by the United States and Japanese governments to loosen decades-old limitations on airport access through an "open skies" agreement.
Continental Airlines, the top carrier at Newark Liberty International Airport, is one of several airlines that would benefit from a relaxation of these restrictions. Continental is trying to link up with two of its Star Alliance partners, United Airlines and All Nippon Airways, Japan's second-largest carrier, in a trans- Pacific joint venture that would have government-sanctioned immunity from antitrust laws that prohibit price collusion and other potentially anti-competitive behaviors.See the full content of this document
Extract
Pacific Overture ; Continental Vying for Position in Lucrative Asian Air Travel Market
The move would let Continental exploit opportunities to grab more takeoff and landing slots in Tokyo, expand the reach of its network by cooperating more closely with the other airlines and increase revenue.
The venture, if approved by the Department of Transportation, may result in more flights between the United States and Japan, includ...See the full content of this document
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