Singapore Airlines and Lufthansa Group have signed a partnership agreement that will see the two airline groups operating routes between Singapore and Europe on a joint-venture basis, in addition to expanding codeshare ties significantly and deepening commercial cooperation.

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The partners claim that, by combining Virgin Atlantic’s Heathrow slots and U.K. brand strength with Delta’s powerful U.S. network, the joint venture will offer significant competition in the market and benefit consumers on both sides of the Atlantic.

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Once Finnair joins the transatlantic joint business later this year, customers in North America and Europe will have increased choice of flights and services as well as more convenient connections to flights across the Atlantic, according to Helsinki-based Finnair.

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Singapore Airlines has agreed to sell its 49 per cent stake in Virgin Atlantic Airways Ltd to Delta Air Lines for $360 million in cash. Together with its share purchase, Delta Air Lines has reached agreement with Virgin Atlantic Airways to form a new joint venture on transatlantic routes.

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SIA currently operates three round-trips a week between Singapore and Copenhagen. Subject to airport slot availability, Singapore Airlines’ schedule frequency on the route will increase to five flights per week from March 31, 2013.

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American Airlines is resuming service between New York JFK and Tokyo’s near-downtown Haneda Airport on June 1. It briefly flew between JFK and Haneda from February 18, 2011, but suspended the service when demand for travel to Japan subsided following Japan’s March 2011 earthquake and tsunami.

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The Japanese Ministry of Land, Infrastructure, Transport and Tourism has granted anti-trust immunity for the joint business planned by Japan Airlines and International Airlines Group. The business does not require formal approval from the EU authorities and is set for a March 2013 launch.

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The carriers expect the partnership to lead to growth in existing air services between Singapore and Scandinavia, and, subject to market conditions at the appropriate time, pave the way for a new route between Singapore and Stockholm.

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On February 8 Japan Airlines submitted an application to the Japanese Ministry of Land, Infrastructure, Transport and Tourism seeking antitrust immunity to co-operate on flights between the EU and Japan with British Airways. Meanwhile, IAG is in contact with the European Union to seek antitrust immunity

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Singapore Airlines and Scandinavian Airlines have agreed to boost services between Singapore and destinations in Scandinavia – with Sweden’s capital Stockholm potentially among the cities to be served non-stop from the Asian hub.

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American Airlines and British Airways have opened a joint Admirals Club lounge at Denver International Airport, the airlines’ first joint lounge.

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The U.S. Department of Transportation has given initial approval for the application by American Airlines and four of its international partners for anti-trust immunity ― that is, immunity from monopolies prosecution ― to form an international joint venture.

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United Airlines, All Nippon Airways (ANA) and Continental Airlines have applied to the U.S. Department of Transportation for antitrust immunity to enable the three airlines to create a transpacific joint venture.

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British Airways’ Chief Executive Willie Walsh has called publicly for the U.S. Department of Transportation (DOT) to approve the airline’s proposed joint venture with American Airlines and Iberia, claiming it would strengthen competition on transatlantic flights.

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