update (23 Nov 2012): The Australian International Air Services Commission (IASC) has granted permission to Qantas for seven weekly services on the South African route, and to South African Airways to codeshare on Qantas’ South African flights until 31 December 2014.
South Africa's flag carrier, South African Airways, and Australia's national carrier, Qantas, have been granted a two-year extension of their code-share alliance on flights between Johannesburg and Sydney in Australia.
Qantas had applied for a four-year extension to the agreement with the International Air Services Commission (IASC), but the independent Australian Government agency only granted approval for two additional years. The IASC said in a statement that it was not satisfied that the code share would be of benefit to the public beyond 31 December 2014.
Qantas and South African Airways are currently the only carriers that operate nonstop flights between Australian airports and South Africa. The two airlines started to code-share flights between Australia and South Africa in December 2000. For more information on the decision of the IASC click here (pdf).