Pursuits
Emirates-Qantas Pact Shows Gulf Airlines Upsetting Old Order
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Qantas Airways Ltd.’s decision to drop a 17-year pact with British Airways in favor of a deal with Dubai-based Emirates reveals the potential for fast-growing Gulf carriers to shatter the established airline order.
The 10-year accord, announced yesterday, will lead Qantas to scrap its revenue-sharing pact with British Airways to gain access to 70 Emirates destinations. While the Australian carrier will carry on code-sharing with BA, the move puts in doubt the standing of the Oneworld global alliance the pair helped forge.