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Qantas remains in Australian hands

Sydney, Australia - The government approves a proposal equal to EUR 6,6 billion

Qantas, flag carrier of Australia, will remain in hands of a national majority. Peter Costello, Minister of Treasure announced it, following the judgement in favor of the Foreign Investment Review Board, that charged several conditions to ensure the control in Australian hands. The take-over bid equal to EUR 6,6 billion was advanced by a consortium guided by Macquarie Investment Bank and by private...

AVIONEWS - World Aeronautical Press Agency - 1070783
Rome, Italy, 03/07/2007 14:18
AVIONEWS - World Aeronautical Press Agency

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