Qantas-Emirates Tie-up Under Discussion

Multiple reports today of talks between Qantas and Emirates over a possible code-sharing arrangement have caused a surge in Qantas' share price. It has been suggested that such a pact could threaten other airlines currently serving the Australia-London route, particularly Singapore Airlines. Qantas' oneworld partners are also likely to suffer unless Emirates can eventually be brought into the oneworld alliance so that they may benefit as well.