Sydney Airport Message Board Sydney Airport Message Board  

Go Back   Sydney Airport Message Board > Aviation Industry News and Discussion > Australia and New Zealand Industry


Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 1st February 2019, 11:28 AM
MarkR MarkR is offline
Senior Member
 
Join Date: Dec 2012
Posts: 1,113
Default Qantas buying into Alliance

Interesting move!

The Qantas Group has taken a 19.9 per cent shareholding of Australian-based charter operator, Alliance Airlines.

Alliance Airlines is a significant service provider to the resources sector, which continues to stimulate travel demand in Western Australia and Queensland in particular. Alliance is a profitable, well-managed business with high levels of operational maturity. It is also a long-term provider to the Qantas Group and flies regional services on behalf of the national carrier.

The 19.9 per cent stake was acquired for an average price of $2.40 per share and for a total cost of $60 million

https://www.qantasnewsroom.com.au/me...ance-airlines/
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT +10. The time now is 04:59 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2019, vBulletin Solutions Inc.
Copyright Sydney Airport Message Board 1997-2016
Use of this web site constitutes acceptance of the Conditions of Use and Privacy Statement