Emirates and Qantas Welcome Draft ACCC Determination
Following news release is issued for Emirates Airline:
News Release, 20 December 2012
Emirates and Qantas Welcome Draft ACCC Determination on Partnership
Emirates and Qantas have welcomed the Australian Competition and Consumer Commission’s (ACCC) draft determination that proposes to grant authorisation for their partnership for five years.
The partnership will
provide customers with a seamless international and
Australian network, exclusive frequent flyer benefits and
worldclass travel experiences.
ACCC approval is required for Emirates and Qantas to
coordinate on pricing, sales and capacity.
The ACCC has
issued a draft determination with a final decision due in
March 2013. The implementation of the partnership remains
subject to the ACCC's final determination and regulatory
approval in other jurisdictions.
Qantas Group Chief
Executive Officer, Alan Joyce, said the ACCC’s draft
determination was an important step towards delivering a
better travel experience for millions of customers.
“We put a strong case to the ACCC that outlined the
benefits of this partnership, both for travellers and for
Australian tourism,” said Mr Joyce.
“Our customer
research has shown very strong support for the Qantas and
Emirates partnership, particularly in terms of increasing
one-stop access to Europe, cutting travel time and offering
frequent flyer benefits.
“We will now focus on
responding to the issue raised by the ACCC in relation to
the trans-Tasman as we move to securing final approval of
this landmark partnership,” added Mr Joyce.
President
of Emirates Tim Clark said that the positive response from
its customers had been matched with enthusiasm from the
local tourism sector.
“The feedback since the
Emirates and Qantas partnership was announced has been
positive and reinforces what a strong match the two brands
are for each other,” said Mr Clark.
“Australia is
one of the top three destinations in the Emirates network,
popular for our business and leisure travellers alike.
“The partnership with Qantas means we can add regional
destinations like the Gold Coast and Hobart to the growing
list of places we offer Emirates customers worldwide,”
added Mr Clark.
Since announcing the proposed partnership in September, Emirates and Qantas have started initial preparations that do not require regulatory approval, including connecting IT systems, designing frequent flyer benefits and establishing an operational base for Qantas in Dubai.
Submissions to the ACCC made in support of the Emirates-Qantas partnership included the Commonwealth Department of Infrastructure and Transport, the Victorian and Queensland state governments, Australian Tourism Export Council and the National Tourism Alliance. A final decision is expected from the ACCC in March 2013. The partnership is scheduled to start in April 2013.
ENDS