find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
G+T acts on Virgin, Air New Zealand alliance

G+T acts on Virgin, Air New Zealand alliance

Gilbert + Tobin has advised Virgin Blue and Air New Zealand as the two forge a trans-Tasman alliance.

Gilbert + Tobin has advised Virgin Blue and Air New Zealand as the two forge a trans-Tasman alliance.

Australia's competition watchdog has approved the tie-up between the air carriers, despite raising some concerns about the impact it will have on some routes.

The Australian Competition and Consumer Commission has ordered the airlines to gradually increase the capacity on six routes, which it says are the most susceptible to anti-competitive behaviour.

Gilbert + Tobin represented Virgin Blue and Air New Zealand in relation to the Australian competition aspects of the alliance. The alliance was granted conditional authorisation for three years by the ACCC yesterday, after months of lengthy submissions and negotiations.

Under the alliance, both airlines will coordinate prices, schedules and capacity on routes between Australia and New Zealand, resulting in a more efficient schedule, cost savings and an enhanced product for passengers, the carriers' lawyers said today.

The transaction involved detailed submissions and lengthy negotiations with stakeholders across the Tasman, Gilbert + Tobin said in a statement.

Following the ACCC’s September draft decision to deny authorisation, the airlines satisfied the ACCC that the public benefits associated with the alliance outweighed any anti-competitive detriment by providing further evidence and proposing novel authorisation conditions.

A number of New Zealand airports who had expressed opposition to the alliance also withdrew their opposition under the revised conditions. This is the first time that the ACCC has approved an airline alliance on the Tasman, following two previous attempts by Qantas and Air New Zealand.

Gilbert + Tobin competition partner Luke Woodward led the transaction, together with lawyers Louise Klamka and Rebecca Dollisson.

The Gilbert + Tobin team worked with Bell Gully partner Torrin Crowther and senior associate David Blacktop, who represented Virgin Blue and Air New Zealand in relation to the New Zealand competition aspects of the transaction.

The New Zealand Minister of Transport is expected to announce his decision in the coming days.

This decision comes at the same time as the ACCC announcement that it proposes to authorise Virgin Blue’s alliance with Etihad Airways for a period of five years. The ACCC has recognised that the alliance is likely to promote competition, resulting in benefits for Australian consumers through new international services and increased online connections.

Gilbert + Tobin also represented Virgin Blue on its proposed alliance with Delta Airlines. which obtained ACCC authorisation in December 2009 and is pending approval by US regulators.

“We are pleased to have assisted our clients with obtaining authorisation of the Tasman alliance which will enhance both Virgin Blue’s and Air New Zealand’s service offering on the Tasman," said Gilbert + Tobin partner Woodward.

"Virgin Blue’s strategic alliances with Air New Zealand, Etihad and Delta will together advance Virgin Blue’s competitive position, while benefiting passengers. We look forward to continuing to assist Virgin Blue expand its network to help it create a truly global Australian airline," he said.

Gilbert + Tobin has been the regulatory and competition advisors to Virgin Blue, Australia’s second largest airline, since their inception in 2000


Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

G+T acts on Virgin, Air New Zealand alliance
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Scales of Justice, ALA, right-to-die law
06:04
‘Right-to-die’ laws would be a relief for terminally ill: ALA
The passage of an assisted dying bill through the lower house of Victorian Parliament has been haile...
Diversity
06:00
Diversity top of agenda for future WA Law Society president
The advancement of diversity in the Western Australian legal profession will be one of the key items...
Jetski
Oct 23 2017
How to fail well
The legal profession is due for an attitude adjustment when it comes to perceived failures, accordin...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...