Competition Law Case |
Proposed Joint Venture between Deutsche Lufthansa AG and Singapore Airlines Limited |
Parties Involved |
- Singapore Airlines Limited
- Deutsche Lufthansa AG
|
Focus of Commitments/ Remedies |
The commitments are to ensure an increase in capacity and frequency on flights between the Singapore-Frankfurt and Singapore-Zurich routes, which in turn will lead to increased passenger numbers and tourists to Singapore, therefore benefitting Singapore’s economy. |
Start Date of Commitments/ Remedies |
12 December 2016 |
End Date of Commitments/ Remedies |
1 Jan 2020 to 14 May 2023: Temporary suspension of the commitment to maintain minimum seat capacities and minimum number of Singapore point-of-sale passengers on the Singapore-Frankfurt and Singapore-Zurich routes.
Singapore-Frankfurt route:
15 May 2023 to 31 March 2024: Temporary suspension of commitment to maintain minimum seat capacities for the time periods below, subject to a set of conditions including the following:
15 May 2023 to 13 August 2023: Maintaining minimum seat capacities at reduced levels (approximately 89% of commitment level) and the resumption of minimum number of Singapore point-of-sale passengers.
14 August 2023 to 30 January 2024: Maintaining minimum seat capacities at reduced levels (approximately 78% of commitment level), maintaining fares at levels no higher than certain specified levels, and the fulfilment of minimum number of Singapore point-of-sale passengers.
31 January 2024 to 31 March 2024: Maintaining minimum seat capacities at reduced levels (approximately 89% of commitment level) and the fulfilment of minimum number of Singapore point-of-sale passengers.
From 1 April 2024 onwards: Full reinstatement of commitments to maintain minimum seat capacities and minimum number of Singapore point-of-sale passengers.
Singapore-Zurich route:
15 May 2023 to 2 February 2025: Temporary suspension of commitment to maintain minimum seat capacities for the time periods below, subject to a set of conditions including the following:
15 May 2023 to 12 November 2023: Maintaining minimum seat capacities at reduced levels (approximately 75% of commitment level) and the resumption of minimum number of Singapore point-of-sale passengers.
13 November 2023 to 2 February 2025 : Maintaining minimum seat capacities at reduced levels (approximately 81% of commitment level) and the fulfilment of minimum number of Singapore point-of-sale passengers. |