Trabber News

news about cheap fares and airlines from travel search engine Trabber

Australia won’t legislate against Qantas break-up

24 November 2006

Australian Prime Minister John Howard said he would not introduce laws to stop a break-up of national icon Qantas Airways in a A$10 billion (4 billion pounds) buyout, citing a commitment to free markets.

At the same time, Qantas Chief Executive Geoff Dixon emphasised that buyout talks with investment firms Macquarie Bank Ltd.  and Texas Pacific Group were at an early stage.

source: Reuters

Comentarios cerrados.