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Good and bad news for Qantas

Sydney, Australia - Excellent full year profits but problems with the government

Qantas announced excellent full year profits of nearly GBP 160m and confirmed that talks were going ahead for a possible stake in Air New Zealand. But, together with the good news, there are bad news. In fact the Austrialian government turned down a request for increased foreign ownership, and British Airways, still the largest investor in Qantas, did not take up its entitlement in the market, so it...

AVIONEWS - World Aeronautical Press Agency - 32585

AVIONEWS - World Aeronautical Press Agency
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