PETALING JAYA: The Competition and Consumer Commission of Singapore (CCCS) has granted conditional approval of the proposed commercial cooperation between Singapore Airlines Ltd (SIA) and Malaysia Airlines Bhd (MAB), after accepting a set of proposed commitments from both parties.

       In a statement yesterday, CCCS said it had conducted a public consultation from Nov 27 to Dec 18, 2019 as part of its assessment process. The cooperation will be implemented via a Commercial Cooperation Framework Agreement that SIA and MAB entered into on Oct 30, 2019.

       The proposed commercial cooperation envisages a metal-neutral alliance in respect of services between Singapore and Malaysia through a joint business arrangement and cooperation in other areas.

       This includes special prorate arrangements and expanded code sharing to boost traffic between Malaysia and Singapore, as well as between Malaysia, Singapore and certain markets such as Europe.

       The metal-neutral alliance involves coordination between both parties on network planning and scheduling, distribution, pricing and inventory management and distribution, joint sales and marketing and revenue-sharing.

       According to the commission, the pandemic had disrupted the aviation sector. — Bernama