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Sydney flyover launches Qantas-Emirates tie-up

Two Airbus A380s made a dramatic tandem flight over the Sydney Harbour Bridge Sunday to launch the new Qantas-Emirates partnership, hailed by the Australian carrier as a "seismic shift" in aviation. The tie-up, approved last week by Australia's competition watchdog, allows the two airlines to combine operations for an initial period of five years, including coordinating ticket prices and schedules. It will also see Qantas switch its hub for European flights from Singapore to Emirates' Dubai base as it attempts to turn around its struggling international business.

Sydney flyover launches Qantas, Emirates tie-up

Two Airbus A380s made a dramatic tandem flight over the Sydney Harbour Bridge Sunday to launch the new Qantas-Emirates partnership, hailed by the Australian carrier as a "seismic shift" in aviation. The tie-up, approved last week by Australia's competition watchdog, allows the two airlines to combine operations for an initial period of five years, including coordinating ticket prices and schedules. It will also see Qantas switch its hub for European flights from Singapore to Emirates' Dubai base as it attempts to turn around its struggling international business.

Qantas profit climbs on Dreamliner cashback

Australia's Qantas banked compensation from Boeing for Dreamliner delays and slashed international losses in Thursday reporting a surge in six-month net profit, but warned of turbulence ahead. The flagship carrier also announced a fleet upgrade, after last year posting its first annual loss since privatisation in 1995 amid tough competition, industrial action and high fuel costs.

Qantas reports sharp rise in first-half profits

Australian flag carrier Qantas on Thursday reported that first-half net profit more than doubled to Aus$111 million (US$114 million), also announcing an upgrade to its fleet. The result in the six months to December 31 was up 164 percent on the same period in the previous year and in line with guidance, "despite challenging conditions in international and domestic air travel markets." Underlying profit before tax -- the airline's preferred measure of financial performance -- was Aus$223 million, up 10 percent.

More services as Qantas broadens reach in Asia

Australian flag-carrier Qantas Monday announced plans to broaden its reach in Asia as part of a strategy to turn around its struggling international arm, with several extra destinations being considered. The move is a consequence of its global alliance with Dubai-based Emirates, which means its services to Asia will no longer be tied to onward links to Europe. New direct destinations from Australia being considered include Beijing, Seoul, Mumbai, Delhi and Tokyo-Haneda, while increasing capacity and frequency of flights to Hong Kong and Singapore.
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