That ends in April 2013 as part of the terms of the QF/EK partnership is "co-ordination" of fares. This means EK and QF will have the same fares from Oz to Europe (or have mutual veto power on fares they might offer individually on joint routes). Presumably this is the benefit to EK from the QF relationship, as they don't get much more out of it

If anything this strengthens Oneworld, by raising fare levels ex-Oz and letting MH turn a profit Maybe the regulators will impose conditions to mitigate the anti-competitive effects, but QF has been building the fake losses story quite effectively. And Joyce let slip that the 787-9 options will be delivered in 2016 provided the EK deal is approved.