...stakes in each other. Foreign Affairs Minister Stephen Smith said this morning a merger with British Airways might help Qantas stay competitive. "The airline industry is a very tough industry,'' Mr Smith told ABC Radio. He said Qantas was a...
...to fly to and from any point in the U.S. and any point in the EU. LONDON (AP) - British Airways PLC and Australia's Qantas Airways Ltd. said they are holding talks about a potential merger, sparking hopes of consolidation in the hard-hit aviation industry....
...in foreign exchange values." The restructuring of the aviation industry globally would also exert competitive pressures on Qantas. "But few airlines can be better placed than Qantas to manage through this volatile era," he said. He said Qantas has...
...minister of the country has committed to addressing the obscene salaries and benefits being paid to CEOs and executives." Qantas remuneration committee chairman James Strong told the meeting the $12.2 million figure was not a true reflection of Mr...
Background
Qantas Airways Limited (IPA: /ˈkwɔntəs/) (ASX:QAN) is the national airline of Australia. The name was originally "QANTAS", an acronym for "Queensland and Northern Territory Aerial Services". Nicknamed "The Flying Kangaroo", the airline is based in Sydney, with its hubs at Melbourne and Sydney airports, and is Australia's largest airline. It is the world's second oldest continuously operating airline, the oldest in the English speaking world and the oldest airline operating under its original name.
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Timeline
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