Qantas Clears Competition Concerns For Chinese Tie-Up

The Australian Competition and Consumer Commission has approved Qantas and China Eastern’s joint business agreement for five years.

<p>The Australian Competition and Consumer Commission has approved Qantas and China Eastern’s joint business agreement for five years.<p>The deal, signed last year following the Australia-China Free Trade Agreement, will allow the two airlines to coordinate schedules at hub airports, link frequent flyer programmes and offer more onward connections. “China is Australia’s most valuable inbound tourism market – projected to contribute up to $9 billion annually to the Australian economy by 2020,” said Qantas CEO Alan Joyce.<p>The two airlines currently have a reciprocal codeshare agreement on 17 flights a week between Australia and mainland China, as well as a number of onward domestic destinations in both countries.</p>

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