Qantas and Malaysia Airlines abandon plans for Asian premium airline
Talks have broken down between Qantas and Malaysia Airlines over plans to set up a premium regional airline in Asia.
Qantas shares fell 4% in Sydney after it announced the two companies could not agree on commercial terms.
The airline said it would continue to explore opportunities in Asia through alliances and joint ventures.
Meanwhile, Malaysia Airlines has announced a soft launch of its own premium airline next month.
by Bev Fearis
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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