The Australian competition regulator recently suggested extending the Qantas-Emirates joint venture for another five years, which enables both airlines to collaborate on passenger and cargo operations, despite it being typically prohibited under Australian antitrust law.
The initial decision will undergo evaluation of feedback from competitors and other interested parties, with a final verdict to be rendered on July 12th.
Read more: Australian Watchdog Blocks Qantas Airline Acquisition Of Alliance
Qantas had a close partnership with British Airways before teaming up with Emirates, which is a member of the oneworld alliance. Emirates provided Qantas and its customers with easier access to a greater number of European destinations. Qantas and Emirates jointly operate routes that link Australia with New Zealand, Asia, the Middle East, and North Africa.
The joint ventures are subject to review by Australia’s Competition and Consumer Commission (ACCC) every five years.
The alliance with Australia and New Zealand helps Emirates market its flights better. Australia is one of Emirates’ three largest markets worldwide for passengers and revenues. Emirates flies to Sydney, Melbourne, Brisbane, and Perth from Dubai. It also has flights to Sydney from Christchurch, New Zealand, and to Melbourne from Singapore.