Qantas (QUBSF.PK) and Emirates Airline propose to form an alliance that could serve as a bit of a disrupter in the sector. The 10-year deal would move past code-sharing to include cross-selling seats on each other's flights. It could also spark more complaints from Delta Air Lines (DAL -1.5%) and Lufthansa (DLAKY.PK) over the high level of subsidies that Emirates receives from the Dubai government as the carrier broadens its reach.
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