Airlines, long critical of the allegedly high prices suppliers charge them, could be winning the ear of regulators, with the authorities in Europe examining whether to investigate possible anticompetitive practices in the market for aircraft parts and services, the Wall Street Journal Reports.
The International Air Transport Association, which represents more than 200 airlines, this year has said it is looking at the problem of a lack of competition in the market for jetliners, the engines that power them, and the services to repair them.
Now, the European Commission, the European Union’s executive arm, said it was “closely monitoring competitive conditions as regards maintenance of engines and components of large commercial aircraft.” A formal investigation is yet to launched, a spokesman said.
Full content: The Wall Street Journal
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