The Emirates Airline alliance with Qantas is a significant departure from its past policy of shunning closer commercial ties with rivals.
But yesterday, after months of negotiations and endless speculation, the two airlines unveiled the terms of a 10-year alliance on the so-called "kangaroo route" between Australia and Europe, due to begin next April.
"A robust economy, strong dollar and Australia's clever tourism campaigns [have] combined to make [Australia] a key growth market for all future-facing airlines of the world," is how Tim Clark, the chief executive and president of Emirates, explained his volte-face on partnerships yesterday.
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