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Business Briefing / Airlines

Europe objects to joint-venture bid

October 02, 2009|Times Wire Reports

European regulators have notified American Airlines that they have objections to the airline's bid for antitrust immunity to cover a joint venture with British Airways and Spain's Iberia.

American, owned by AMR Corp., and BA have tried twice to form a closer alliance. But the carriers withdrew those bids after regulators insisted that they give up landing and takeoff slots at London's Heathrow Airport.

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