Arab Today, arab today qantas emirates tieup wins final approval
Last Updated : GMT 18:43:11
Arab Today, arab today
Arab Today, arab today

Qantas, Emirates tie-up wins final approval

Arab Today, arab today

Arab Today, arab today Qantas, Emirates tie-up wins final approval

Sydney - AFP

Australia\'s competition watchdog on Wednesday gave final approval for Qantas and Emirates to launch a \"game-changing\" global alliance, saying the tie-up will benefit passengers. The decision by the Australian Competition and Consumer Commission, widely expected after a preliminary green light in December, allows the airlines to combine operations for five years. Under the alliance, they will coordinate ticket prices and flight schedules and struggling Qantas will shift its hub for European flights from Singapore to Emirates\' Dubai base. It also means an end to Qantas\'s partnership with British Airways on the so-called kangaroo route to London, which has spanned nearly two decades. \"The ACCC considers that the alliance is likely to result in public benefits through enhanced products and service offerings by the airlines, and improved operating efficiency,\" ACCC chairman Rod Sims said. The decision comes after a six-month review and just days before the first joint flight from Sydney to London, via Dubai, is scheduled on March 31. However, the regulator said it was concerned that New Zealand was a key market where competition could be eroded. To deal with this it imposed a condition on flights between Australia and New Zealand, forcing the airlines to maintain existing capacity on four overlapping trans-Tasman routes that were in operation before the alliance. \"With this condition, the ACCC is satisfied that the relevant net public benefit tests are met,\" the regulator said. The alliance is seen as vital to the sustainability of Qantas, which last year posted its first annual deficit since privatisation in 1995, due to tough regional competition and high fuel costs for its international arm. Qantas chief Alan Joyce called it good news for travellers and Australian tourism. \"Qantas is an Australian icon and the future of its international business is much brighter with this partnership,\" he said, with its share price rising 1.74 percent to Aus$1.75 (US$1.84) in afternoon trade. \"Customers are already responding very strongly to the joint network that Qantas and Emirates have built, and to the frequent flyer benefits that extend across it, with a significant increase in bookings.\" With services to Asia no longer tied to onward links to Europe, Qantas recently announced that new direct destinations from Australia are being considered, including Beijing, Seoul, Mumbai, Delhi and Tokyo-Haneda. For Emirates customers, it opens up Qantas\'s Australian domestic network of more than 50 destinations and nearly 5,000 flights per week. \"This is a truly game-changing partnership that brings together two of the world\'s best airlines and offers some of the highest quality travel experiences,\" said Emirates chief Tim Clark. Dubai Airports has earmarked major funds to further expand the capacity of the international travel hub and expects to handle 75 million passengers by 2015 and 98 million by 2020. Australian Transport Minister Anthony Albanese forecast lower fares for air travellers as a consequence of the deal. \"The Flying Kangaroo has a special place in the heart of all Australians and this is good news for Australian travellers and the Australian economy,\" he said. \"Millions of travellers stand to benefit from cheaper fares, reduced travel times and greater access to more destinations in the Middle East, Africa and Europe.\"

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qantas emirates tieup wins final approval Arab Today, arab today qantas emirates tieup wins final approval

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qantas emirates tieup wins final approval Arab Today, arab today qantas emirates tieup wins final approval

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today unveils Joon - the 'millenials' airline

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today US-made bomb used in fatal strike

GMT 10:16 2017 Saturday ,23 September

US-made bomb used in fatal strike
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 08:39 2017 Friday ,22 September

New Hurdles as Republicans Rush

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday