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Business Scoop - December 2006

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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Comment by Fernando Monteiro

December 9th 2006 08:22


Australian Business News
X Finance
The Measurement of Infinite Realities
Market Gladiator
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


Business News
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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