Here is another case of two airlines becoming cosy! Not a merger or takeover, but again the kind of strategic alliance that we have seen with the likes of KLM and Air France and their Sky Team partnership.
Qantas Airways has been given initial approval from Australia's competition authority for its proposed alliance with Dubai-based Emirates. The Australian Competition and Consumer Commission (ACCC) said the benefits of the tie-up, such as co-ordinating ticket prices and schedules, would outweigh the reduced competition.
It will make a final decision in March. Qantas and Emirates originally announced their partnership alliance plans in September. Neither airline is investing in the other.
The partnership with Emirates will see Australian carrier Qantas end its existing relationship with British Airways.
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