Qantas CEO Alan Joyce said the commercial tie-up with Emirates "is a partnership of independent peers, based on shared standards and aspirations".
"It is far bigger than a codeshare. Or even a joint services agreement.
"This is the biggest arrangement Qantas has ever entered into with another airline," he said.
"Emirates is the ideal partner for Qantas. It has a wonderful brand, a modern fleet, an uncompromising approach to quality and it flies to the A-list of international destinations."
Dubai will become the Qantas gateway to Europe, the Middle East and North Africa.
"Our Frankfurt services have been struggling for some time and withdrawal from the route was inevitable," Joyce added.
Qantas will commence flying with 14 daily Qantas-operated or coded Boeing 777 and A380 flights from Adelaide, Brisbane, Melbourne, Perth and Sydney to Dubai.
It will mean just one stop to 33 European destinations, seven of them serviced all the way by A380s, including Paris and Rome as well as London," said Joyce.
