I personally think this deal is anti-competitive. You have the 2 biggest Airlines in Oceania, both of whom have decent Intl route structures, forming a monopolistic alliance. How is EK and Pacific Blue such a threat to either of these airlines? EK just entered the trans-Tazman market, and sure they have a huge cash base. How many flights do they operate in that market, however? The fact that the whole NZ-QF tie-up has taken this long should say something. It should not be allowed to happen. Where would this leave each airline in their respective alliances?