I have read it carefully (very carefully), and it seems clear that it ALLOWS transit from NA to SWP through Asia. Here is the relevant rule from the website:
3. 1 INTERCONTINENTAL DEPARTURE AND 1
INTERCONTINENTAL ARRIVAL PERMITTED
IN EACH CONTINENT EXCEPT AS FOLLOWS.
- 2 PERMITTED IN NORTH AMERICA. 1 MUST BE A TRANSIT WITHOUT STOPOVER BETWEEN SOUTH AMERICA AND ANOTHER CONTINENT
- 2 PERMITTED IN ASIA. 1 MUST BE A TRANSIT WITHOUT STOPOVER -OR- ON DIRECT SINGLE PLANE SERVICE BETWEEN THE SOUTHWEST PACIFIC AND EUROPE.

Note the -OR- after the transit without stopover. The purpose of the rule escapes me (isn't a single plane service without a stopover by definition (I suppose it doesn't meet the definition of "transit")?), but in any case the "transit without stopover" can be from any continent to SWP ... at least that is how I read the rule.

On the other topic, codeshares are not allowed, so the AS flight codeshared as QF is not eligible on this fare. Only exception for codeshares is is both are Oneworld airlines (so an AA flight codeshared as QF is allowed).

The Oneworld rules are at http://plaza.powersurfr.com/fewmiles...wenotes.html#1

Clarified to say that is DOESN'T say "transit without stopover between Europe and SWP", therefore the meaning is that ANY continent is allowed ... Oneworld sets the rules, so legally any ambiguity is determined by the consumer.

[This message has been edited by number_6 (edited 04-18-2002).]