Thursday, February 28, 2013
Ryanair's third attempt at a takeover of Aer Lingus appears to have ended with much the same result as the first two: no deal. The European Commission announced this week that it was prohibiting the merger because of concerns that the takeover would reduce competition on the 46 routes on which the two carriers currently compete. Ryanair had proposed the rather novel remedy of providing cash, aircraft and routes to British airline Flybe to create competition on the routes worrying the Commission. But the Commission did not project Flybe to be an adequate competitor.
Wednesday, February 27, 2013
The European Commission's decision to suspend for one year the emissions trading scheme's application to foreign carriers has received the approval of the European Parliament's Environmental Committee. The decision has diffused many of the international tensions that had surrounded the regulation, though it has also created some new disagreements.
Tuesday, February 26, 2013
We apologize for the paucity of recent posts while the blog authors have been traveling. Those travels included the 2013 IATA legal symposium. We thought we'd provide a quick rundown of some of the highlights from this year's symposium. Passenger rights regulations, in particular EC 261/2004, were a prominent subject of conversation. The conference also included panels on financing, antitrust, unruly passengers and alternative dispute resolution. The final panel included a lively debate regarding the importance of international air law. Regular blogging will resume this week with our take on the American-US Airways merger and other important developments from the past two weeks.