Thursday, December 20, 2012

Green light for Qantas- Emirates alliance
 
But only for five years and not 10 years.
 
 
 
HOHOHO! Christmas has come early for Qantas. It has managed to get its alliance with Emirates approved. The Australian competitor regulator has given its nod in a draft ruling.
 
The Australian Competition and Consumer Commission (ACCC) said on Thursday it was likely to give the tie-up the green light when it hands down a final decision in March 2013.

"The ACCC considers that the alliance is likely to result in material, although not substantial, benefits to Australian consumers," ACCC chairman Rod Sims said in a statement.
However, the ACCC rebuffed their request for a 10-year term, said a report.

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