FINANCIAL NEWS

Emirates Airline not to bailout of Qantas

16 Dec 2013

(MENAFN) Dubai-based Emirates Airline ruled out any financial bailout of its Australian alliance partner Qantas, Arabian Business reported.

Qantas is appealing for its foreign ownership limit to be raised following recording big losses.

The airlines joined forces in a historical deal but the alliance failed to boost Qantas� performance.

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