Friday, March 9, 2012
Australia's Qantas has broken off partnership talks with Malaysia Airlines. See Matt O'Sullivan, Qantas Shelves Asia Airline Plan, Sydney Morning Herald, March 10, 2012 (available here). The two companies had been discussing a joint venture to establish a new carrier in Kuala Lumpur. Qantas is eager to establish a larger presence in the fast-growing Asia-Pacific market, but will have to wait to do so after this latest setback.