UK Authorities Review IAG Joint Venture with AA, Finnair | Aviation International News

UK Authorities Review IAG Joint Venture with AA, Finnair

Investigation prompted by Brexit

A British Airways Boeing 747-400 arrives at Los Angeles International Airport. (Photo: Flickr: Creative Commons (BY-SA) by InSapphoWeTrust)

By Cathy Buyck • Contributor - Europe

October 11, 2018

The UK’s antitrust regulator has launched an investigation into the Atlantic Joint Business Agreement between American Airlines, International Airlines Group (IAG) subsidiaries British Airways and Iberia, and Finnair ahead of the country’s exit from the EU in March 2019. The probe stands to create yet another headache for IAG, which continues to deal with the legal consequences of last month’s major cyber attack of BA’s website and the uncertainty of Brexit on that airline’s operations and ownership structure.

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