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Subject to Government Approval?

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I am looking at flights between LAX and Australia for next year, using miles. I am checking availability of award seats now, although I do not want to actually book until February, for January travel ( 330 days out). Today I saw a flight from BNE to LAX on November 3, 2014 that was flagged as " subject to government approval". What does that mean? Qantas is selling seats on that flight (QA 15) with no corresponding qualification, as far as I can tell. This is not a new route, but it is a new day ( Monday). Googling, I find that Monday flights from BNE to LAX are new as of December 2013, taking service from 6x to 7x a week.

I would think that such approval is forthcoming soon, as the time for the Monday flight has started. But if the flight is still flagged in February when I would like to book, what risk is there in booking such a flight? What happens if the approval does not come through? ,

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