Airtours faces up to EC objections

Airtours faces up to EC objections

AIRTOURS has received a 36-page document from the European Commission outlining its objections to any further consolidation of the industry.

The operator's management will now submit a written response to the competition authorities before presenting its case in Brussels at the end of the month.

Group finance director Tim Byrne said the document contained no surprises and it would fight the objectionsvigorously.

Meanwhile, it emerged nearly 64% of Kuoni shareholders voted for the merger with First Choice.

The deal finally collapsed when less than a third of First Choice shareholders backed the merger.


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