October 1999

John Downes's picture

Air Agreement Dispute

Submitted by John Downes on 1 October, 1999 - 03:38

The Air Agreement between the Philippines and Taiwan collapsed in July when the Philippines accused Taiwanese carriers of failing to stick to the agreed 3000 passengers per week. Philippines Airlines (PAL) has announced that it is cancelling scheduled flights to and from Taiwan on Friday 1 October unless agreement is reached.

John Downes's picture

European Commission blocks Airtours Takeover of First Choice

Submitted by John Downes on 1 October, 1999 - 01:10

The EU Commission rejected the proposed takeover because it would leave the three largest tour operators in the UK with 80% share of the package holiday market (Airtours, Thomson and Thomas Cook). These companies are also vertically integrated and the Commission believed that the proposed merger would restrict competition in the UK package holiday market.

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