Qantas announces alliance with Emirates; no equity stake

Australia’s struggling Qantas Airways said on Thursday it has agreed to an alliance with Dubai’s Emirates - a key step in its efforts to shore up its loss-making international business.

Under the 10-year partnership, Qantas will replace Singapore with Dubai as its hub for European flights and coordinate pricing and sales with Emirates.

The Australian airline will end its existing relationship with British Airways in March 2013 as a result of the new alliance.

via Business feed http://www.scmp.com/business/companies/article/1030531/qantas-announces-alliance-emirates-no-equity-stake