Fin de la JV avec Qantas

[AVION]

British Airways, Qantas to end JSA after Emirates hook-up

British Airways (BA) and Qantas (QF) will terminate their long-running revenue-sharing agreement on UK-Australia routes following the Australian flag-carrier’s decision to embark on a new global partnership arrangement with Emirates Airline (EK) (ATW Daily News, Sept. 6).

The existing BA-QF Joint Services Agreement (JSA) has enabled the two companies to share revenues and costs since 1995. BA’s parent, International Airlines Group (IAG), said the JSA will end March 31, 2013—the day before the new QF-EK agreement starts.

“We’re ending the joint business on amicable terms and support Qantas’ decision to work with Emirates,” IAG chief executive Willie Walsh said. “The world has changed since 1995 when the joint business started. This is a small part of our overall network and this move fits in with changes in our global strategy.” IAG was already talking to several airlines about replacement arrangements, particularly for services into Asia, Walsh said.

Despite ending their agreement, BA and QF will continue to work together as part of the oneworld alliance and through bilateral codeshares, he added. “The good relationship that we have with Qantas CEO Alan Joyce and his team will continue through our joint membership of oneworld.”

“Over the past 17 years, the joint business with British Airways has been central to the Qantas network,” QF CEO Alan Joyce said. “However, global operating conditions have changed and partnership with Emirates is the right strategy for Qantas.”

Source: http://atwonline.com/airline-finance-da ... -hook-0906" onclick="window.open(this.href);return false;