BRIEF-Singapore's CCCS Says Grants Conditional Approval For SIAL And Garuda's Proposed Cooperation
July 5 (Reuters) - Singapore's CCCS:
* GRANTS CONDITIONAL APPROVAL FOR SINGAPORE AIRLINES AND GARUDA’S PROPOSED COMMERCIAL COOPERATION AFTER ACCEPTING COMMITMENTS
* PARTIES VOLUNTARILY PROVIDED SET OF COMMITMENTS PERTAINING TO SCHEDULED INTERNATIONAL AIR PASSENGER TRANSPORT SERVICES, OTHERS
* CCCS'S OVERALL ASSESSMENT IS THAT CLAIMED BENEFITS INSUFFICIENT TO OUTWEIGH COMPETITION CONCERNS FOR PROPOSED COOPERATION
* CONSIDERS PROPOSED COMMITMENTS SUFFICIENT TO ADDRESS COMPETITION CONCERNS ARISING FROM PROPOSED COOPERATION Further company coverage: