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Will Qantas be Sold?

December 8th 2006 05:58
Qantas Boeing 747-400


As The Age reports a bid for a takeover of QANTAS could be announced as soon as Monday. The buyers are a Macquarie Bank-led consortium who are still deciding on a final offer price, which should be around $5.50 to $6.


Would a takeover be good for QANTAS or the consumer?
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2 Comments. [ Add A Comment ]

Comment by Fernando Monteiro

December 9th 2006 08:22
Hi,

If Qantas can keep the attributes that made it successfull, such as service and safety, then appart from onership nothing should change. Notice that Qantas management, including its MD, will take a part of it (up to $100 million).

I just wonder whether the bid will be acceptable given the restrictions on foreign ownershipt of Qantas.

Bye,
FM

Comment by Trev

December 12th 2006 06:07
Hi FM,

Yes I don't think the consumer will notice the difference if the takeover went ahead.
I did see that the takeover will produce a $100 million stake for senior Qantas managers.
I read today that a Qantas sale could see the Federal Government relax its aviation policy, I wonder why that would be?

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