SIA gets nod from anti-competition watchdog on Lufthansa tie-up

SINGAPORE Airlines (SIA) said on Monday it has received approval from the Competition Commission of Singapore (CCS) of its proposed joint venture with the Lufthansa Group.

"The CCS decision is another step that will enable the two airline groups to build an integrated alliance, with an expanded network and seamless travel connectivity for customers," SIA said in a media statement.

SIA and Lufthansa signed a wide-ranging partnership agreement in November 2015, aimed at expanding codeshare ties, aligning corporate programmes, and deepening commercial cooperation in key markets in Europe, South-east Asia and Australia.

The Australian Competition and Consumer Commission recently granted its approval for the partnership.