March 26, 2020 / 5:29 AM / 6 days ago

BRIEF-ACCC Says REX, Virgin Australia, Qantas To Coordinate Schedules On 10 Regional Routes During COVID-19

March 26 (Reuters) - Australian Competition & Consumer Commission:

* INTERIM AUTHORISATION TO REGIONAL EXPRESS TO COORDINATE FLIGHT SCHEDULES WITH VIRGIN AUSTRALIA, QANTAS ON 10 REGIONAL ROUTES DURING COVID-19

* INTERIM AUTHORISATION WILL ENABLE REX, QANTASLINK, VIRGIN TO SHARE REVENUE FROM SERVICES ON ROUTES

* REVENUE SHARING BETWEEN REX, QANTASLINK, VIRGIN CONDITIONAL ON AIRLINES CHARGING FARES NO HIGHER THAN THOSE IN PLACE ON FEB 1 Source text - (bit.ly/3drxpid) Further company coverage:

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