QAN 0.34% $5.88 qantas airways limited

News: Australia's Qantas extends Emirates partnership for another 5 yrs

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    Aug 31 (Reuters) - Australia's Qantas Airways Ltd (QAN) said it will extend its partnership with gulf carrier Emirates [EMIRA.UL] for another five years, but cut the number of Qantas flights to Emirates' hub Dubai.

    Qantas said the extension would provide a benefit of more than A$80 million ($63 million) a year to the airline from fiscal 2019.

    The extension is subject to government and regulatory approval.

    ($1 = 1.2650 Australian dollars)

 
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