Qantas and Emirates to extend partnership

Company News

by David Murdoch

Qantas (ASX:QAN) has announced it will extend its partnership with gulf carrier Emirates for another five years.

Qantas says the changes will benefit the eight million passengers who have travelled on the combined network since 2013.

The adjustment will deliver a financial upside to both airlines with Qantas’ net benefit estimated at more than $80 million from FY19.

The extension of the partnership is subject to government and regulatory approval.

Shares in Qantas (ASX:QAN) are trading down 0.35 percent to $5.64
 

David Murdoch

David presents the Market Outlook and presents ASX company news. He joined FNN in August 2017.

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