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Qantas, China Eastern Airlines withdraw request to regulator to extend pact

10/24/2023| 2:58:14 PM|

The partnership allowed Qantas and China Eastern to coordinate passenger and cargo movement between Australia and China.

Qantas Airways said the company and China Eastern Airlines have withdrawn their application to the Australian competition regulator that sought to extend their joint business.

The announcement comes a month after the Australian Competition and Consumer Commission (ACCC) said it planned to end a long-surviving partnership between the two airlines over claims it would lessen competition and provide the airlines a chance to hike airfare.

The partnership allowed Qantas and China Eastern to coordinate passenger and cargo movement between Australia and China.

Recently, Qantas also scrapped its A$611 million ($388.60 million) plan to buy out charter flight operator Alliance Aviation Services (AQZ.AX), after the ACCC blocked the deal.

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TAGS: Qantas | China Eastern | Australian Competition and Consumer Commission
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