Qantas, Emirates await green light

Company News


Qantas Airways (ASX:QAN) is awaiting a final decision from the ACCC on its proposed tie-up with Emirates.

The competition watchdog is reportedly due to deliver its decision on Wednesday.

 It is likely to give the deal the thumbs up on the condition their combined trans-Tasman capacity is not diminished.

Both airlines have reportedly promised to increase capacity on the coveted route. 
 
Qantas last reported a $111 million net profit in the period to December 31st 2012. 

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