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Keep global alliances, airlines tell Obama administration

24 March 2009

Alliances have improved efficiencies and promoted healthy competition, but the US administration is concerned they serve the corporate interest above that of the customer

Read more: Obama US administration House of Reprsentatives Star Alliance OneWorld Continental Airlines British Airways alliances

Airlines and travel companies have pleaded with the US administration not to abolish airline global alliances, claiming the move will lead to job losses and inefficiencies at a time the industry is struggling with declining demand and recession.

The move comes as chairman...


Quote

"A lot of people hoped these proposals would die under their own weight"

Michael Inglese, chief financial officer, Aircastle on the proposed new accounting standards

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