Hong Kong (CNN) -- Qantas has agreed a 10-year partnership with Emirates, as it seeks to revitalize its ailing international business. As part of the deal, the Australian carrier will transfer its hub for European flights from Singapore to Dubai from April next year -- subject to regulatory approval. Qantas said its daily Airbus A380 services to London from Melbourne and Sydney will transit via Dubai's Terminal 3, the world's only purpose-built A380 terminal. More: 10 of the world's top airport lounges "This is a partnership of independent peers, based on shared standards and aspirations," said Qantas CEO Alan Joyce at a joint press conference with Emirates President, Tim Clark, in Sydney Thursday.
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Australian carrier will transfer its hub for European flights from Singapore to Dubai
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Qantas CEO Alan Joyce says the new partnership will benefit frequent flyers
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Emirates: Deal provides passengers with additional connectivity in Australia
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Qantas' international arm is struggling with losses amid soaring costs
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