BA seeks partner after Qantas split
Thursday 06 September 2012
The parent company of British Airways has agreed to end a long-standing partnership with Australian airline Qantas, it was announced today.
The two airline companies are to terminate their joint business venture after 17 years, with Qantas entering a new global partnership with Middle Eastern carrier Emirates.
International Airlines Group (IAG), the owner of BA, said it was now talking with a number of airlines about alternative options.
It added that the split, which will come into force at the end of March 2013, would not have any negative impact on its financial targets.
IAG chief executive Willie Walsh said: "We're ending the joint business on amicable terms and support Qantas' decision to work with Emirates.
"The world has changed since 1995 when the joint business started.
"This is a small part of our overall network and this move fits in with changes in our global strategy.
"Asia has become a key market focus for IAG and we're talking to a number of airlines about alternative options for us."
Under the joint business, which was established in 1995, BA and Qantas share revenue and costs on all services between the UK and Australia.
Customers due to travel after March 31 next year whose bookings may be affected by the move will be contacted by British Airways to discuss alternative travel options, IAG said.
- 1 Rihanna 'nude photos' claims emerge on 4Chan as hacking scandal continues
- 2 Frank Lampard equalises for Manchester City against Chelsea: how Twitter reacted
- 4 Kim Kardashian 'nude photos' leaked on 4chan weeks after Jennifer Lawrence scandal
- 5 Hitler’s former food taster reveals the horrors of the Wolf’s Lair
350 skinny dippers brave Northumberland seas for record attempt at mass naked swim
Rihanna 'nude photos' claims emerge on 4Chan as hacking scandal continues
Kim Kardashian 'nude photos' leaked on 4chan weeks after Jennifer Lawrence scandal
Jennifer Lawrence leaked 4Chan sex video branded 'fake' by forum users
Hitler’s former food taster reveals the horrors of the Wolf’s Lair
Scottish independence referendum: A nation divided against itself
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Scotland could still declare independence – even without referendum, says Alex Salmond
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Hilary Mantel 'should be investigated by police' over Margaret Thatcher assassination story, says Lord Bell
Plebgate MP Andrew Mitchell called officer a 'little s**t', claim court documents 'exposing ex-Chief Whip's 'record of abusing police'
iJobs Money & Business
Up to £80000: Saxton Leigh: My client, a large commodities broker, is looking ...
£80 - 100k + Bonus: Guru Careers: A COO / Chief Operating Officer is needed to...
£400 - £450 Per Day: Clearwater People Solutions Ltd: **URGENT CONTRACT ROLE**...
Up to £100k or £450p/d: Saxton Leigh: My client is a leading commodities tradi...