ROUGH CUT - NO REPORTER NARRATION<br/> <br />Qantas Airways and Emirates Airline marked their new alliance with a dual A380 flyover Sydney, Australia on Sunday (March 31).<br/> <br />Australia's competition regulator granted conditional final approval on Wednesday (March 27) to a five-year alliance between struggling national flag carrier Qantas Airways and Emirates Airline, just days before the first Qantas flight is due to transit through Dubai.<br/> <br />Qantas has been stripping costs out of its business after a year troubled by a record fuel bill, rising competition and a labour union that has opposed the carrier's spending cuts.<br/> <br />Analysts have suggested the alliance could save the Australian airline up to A$100 million (104 million U.S. dollars) before taxes annually.