August 25, 2003

OST-03-16016

Application for Approval of Agreements

PTC COMP 1080 dated 8 August 2003 Composite Resolutions r1-r8 Minutes - PTC COMP 1087 dated 26 August 2003 Intended effective date: 1 April 2004

Counsel: IATA, David O'Connor, 202-293-9292

Order 04-05-02
OST-02-11632
OST-03-16016

Issued May 3, 2004

Order | Word

We have decided to approve the agreements, subject, where applicable, to previously imposed conditions. Based on the information submitted and other relevant material, we conclude that the agreements, as conditioned, will not result in fares that are unlawful or injurious to competition in the markets at issue. The agreements remove or narrow the application of arcane fare construction rules that have been overtaken by technological developments, and will produce lower fares for passengers with complex itineraries.

We approve and grant antitrust immunity to the agreements contained in Docket OST-2002-11632 and Docket OST-2003-16016, as set forth in finding paragraph 1 above, subject to conditions imposed.

By: Karan Bhatia