DHAKA: Australia’s Qantas Airways is on the brink of an alliance with Emirates to revive its international arm that will see most of its London-bound flights routed through Dubai, a report said on Thursday.
The move, which saw Qantas’s share price rally 8 percent to A$1.075, is part of the carrier’s drive to turn around its fortunes after an 83 percent slump in first-half net profit in the six months to December.
The Australian Financial Review said code share negotiations were at an advanced stage and would give Qantas access to the network of the largest international carrier in the world.
Qantas is primarily losing money on its international routes, reprots The Straits Times.
BDST: 1639 HRS, JUL 26, 2012
Edited by Robab Rosan, Cultural Affairs Editor
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