International Airlines Group’s wholly owned
subsidiary British Airways and Qantas have agreed to terminate
their joint business from 31 March 2013.
The move follows Qantas’ announcement that it is
new global partnership with Emirates.
The joint business was established in 1995 to
enable close commercial cooperation on British Airways and Qantas’ services between the UK and Australia.
The airlines will continue
to work together as part of the oneworld alliance and through
“We’re ending the joint business on amicable terms and support
Qantas’ decision to work with Emirates. 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. Asia has become a key market focus for IAG and
we’re talking to a number of airlines about alternative options
for us,” said IAG chief executive Willie Walsh. “Qantas has made it clear that its international performance has been weak and the termination of the joint
business won’t have any negative impact on IAG’s financial targets. The good relationship that we have with Qantas CEO Alan
Joyce and his team will continue through our joint membership of
Qantas chief executive Alan Joyce said, “Over the
past 17 years the joint business with British Airways has been
central to the Qantas network. However, global operating
conditions have changed and partnership with Emirates is the right strategy for Qantas. I’d like to thank IAG CEO Willie Walsh
and British Airways CEO Keith Williams for their support of the joint business and I look forward to a continued strong
relationship in future.”
British Airways said it will contact any
customers due to travel after 31 March 2013, whose bookings
may be affected by changes to the joint business, to discuss
alternative travel options.
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