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FINANCIAL NEWS
Qantas Airways flirts with Emirates Airline for partnership
26 Jul 2012
(MENAFN) Australian carrier Qantas Airways is in talks with Dubai’s Emirates Airline over a partnership deal, as the airline seeks to strengthen its international operations, Reuters cited a local news paper.
The Australian Financial Review said that any tie-up could help Qantas’ struggling international division by giving it access to greater numbers of passengers from Emirates’ hub in the Middle East as well as cutting aircraft and other costs.
The newspaper expected the negotiations to result in a more global revenue-sharing different agreement rather than a typical code-share arrangement.
Qantas said in a statement it was in talks with a number of airlines, including Emirates, about potential alliances but said it would not give further details.
If a deal is sealed, Qantas will shift routes of many of its international flights to Dubai in place of traditional Singapore, and will rely on its new partner to transport passengers to some European destinations, as well as the Middle East and parts of Africa.
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