Thursday, January 31, 2019

Qantas takes 19.9% stake in Alliance Airlines, eyes control

Qantas has signalled that it intends to take a majority stake Alliance Airlines, having acquired a 19.9% stake in the Brisbane-headquartered operator. The Oneworld carrier states that the stake was acquired at a total cost of A$60 million ($43.6 million), at an average price of A$2.40 per share. “Qantas expects to ultimately seek regulatory approval […]

source http://www.ncairways.co/aviation/qantas-takes-19-9-stake-in-alliance-airlines-eyes-control/

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