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British Airways stake in Qantas'capital could face a cut

London, Uk - From 21% to just 17-18%

Uk's main airline, British Airways could face a 3-4% cut in its Qantas'stake if, as it's likely to be, it will not take part to the EUR 446m capital raising announced today. Qantas, which despite its rivals worldwide, in 2001 posted positive results, registering a EUR 352m full year profit, will employ the fresh capital to enlarge its fleet also in the attempt to capitalise on the failure of its major...

AVIONEWS - World Aeronautical Press Agency - 32301

AVIONEWS - World Aeronautical Press Agency
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