30 July 2012 by Luke McCormick
It is being rumoured that Qantas could end its long-standing agreement with British Airways in favour of a tie-up with Dubai-based carrier Emirates.
Qantas is believed to be considering re-routing flights between the UK and Australia via the Middle East and not Singapore as is currently the case.
The move is thought to be part of a new cost-saving deal with Emirates that could damage relations with the airline's other partners in the Oneworld alliance.
Qantas and British Airways were among the founding members of the Oneworld alliance 14 years ago.
According The Australian flights on the Kangaroo Route would cease to connect in Singapore, a decision that would also have far reaching consequences for Singapore Airlines.
Qantas has previously announced that it expects profits to fall by as much 90% this year after suffering from competition on routes between Australia and Europe (mainly from Middle Eastern carriers) and a domestic alliance between Virgin Australia and Abu-Dhabi-based Etihad.