Australia&#39;s Qantas calls halt to merger appeal process
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Australia&#39;s main airline carrier, Qantas, says it won&#39;t appeal the New Zealand High Court&#39;s rejection of a proposed alliance with Air New Zealand.
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SYDNEY: Australia&#39;s flagship carrier, Qantas, said yesterday it is talking with Singapore Airlines on ways to cut costs as both prepare to roll out the colossal A380 jet.
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Australian flag carrier Qantas Airways has rejected a 10.9 billion dollar (8.6 billion US) takeover bid from a private equity consortium, sending its shares into a nosedive.
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Australian airline Qantas rejects a controversial $8.6bn takeover deal led by Australian bank Macquarie.
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Australia's government says it will not block a proposed takeover of the country's flagship airline Qantas.
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Shares in Air New Zealand were placed in a trading halt before the New Zealand Stock Exchange opened this morning. Air NZ requested its shares be placed on the halt before a High Court announcement on the
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SYDNEY: Australian flag-carrier Qantas said it was disappointed a proposed alliance with Air New Zealand had been rejected by New Zealand&#39;s High Court but ruled out appealing the decision.
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New Zealand&#39;s High Court on Monday rejected a proposed alliance between the country&#39;s flag carrier and Australian rival airline Qantas.
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Australia&#39;s Qantas Airways Limited said Wednesday British Airways is selling its 18.25 percent stake in Qantas. Qantas asked the Australian Stock Exchange to stop trading
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Shares of Air New Zealand Ltd., the country&#39;s largest airline, were halted pending a High Court ruling on plans for an alliance with Australia&#39;s Qantas Airways Ltd.
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Shares in Qantas dip on worries that opposition from unions and government could block a possible takeover.
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Australia's Qantas Airways Ltd.   rejected on Wednesday a conditional A$10.9 billion  ($8.6 billion) buyout offer led by Macquarie Bank Ltd.   and private equity firm Texas Pacific Group .
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Shares in Australian flag carrier Qantas have jumped more than four percent amid expectations a takeover consortium is finally ready to formally table a multi-billion dollar offer for the airline.
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Qantas Airways said it will increase the number of flights from Australia to Britain with stopovers in Hong Kong and Singapore.
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QANTAS should open up its share register rather than seek another airline owner if British Airways ever decided to sell its stake, Qantas chief executive Geoff Dixon said yesterday.
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New Zealand&#39;s High Court ruled on Monday against allowing national flag carrier Air New Zealand to form an alliance with Australia&#39;s Qantas, but the rivals said they would still look for ways to co-operate.
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A TWO-YEAR battle to convince regulators to accept a proposed alliance between Qantas Airways and Air New Zealand was brought to an end yesterday with the NZ High Court rejecting the tie-up.