Originally Posted by
dcbfencing
On all third party products where you generate avios, BA/IAG sell them to that party. For some airlines (e.g. QF) the frequent flier program is so profitable that they have considered spinning it out into a different company.
I thought QF had. And AC has. And LH has. And BA has with Avios. They might still own it / control it but it's a separate company from the airline (like Nectar is).
I think you might mean that QF were thinking about selling it?