Qantas Airways Limited
(ASX:QAN) has forged a code-share deal with Asia's largest airline, China Southern.
The tie up comes as Prime Minister Tony Abbott seeks to downplay expectations the federal government will buy a stake in the national airline or guarantee its debt.
CEO Alan Joyce was in China’s third-largest city of Guangzhou for the unveiling of the code-share alliance with China Southern.
Under the tie up, Qantas customers will be able to book on China Southern flights from Sydney, Melbourne, Brisbane and Perth to the airline’s hub in Guangzhou.
In turn, China Southern will code share on Qantas flights to 10 destinations in Australia and New Zealand.
Qantas generated a net profit of $6 million in fiscal 2013.
