Qantas Says British Airways Sold Stake
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Qantas said Thursday that British Airways has sold its 18.25 percent stake in the Australian carrier at 3.28 Australian dollars (US$2.
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British Airways (BA) said it would sell its 1.1 billion dollar (770 million US) stake in Australia's Qantas in a move seen as likely to fuel a major realignment of airline alliances.
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Qantas Airways Ltd. , Australia's top airline, is expected to announce a takeover offer of around A$10.9 billion (US$8.55 billion) from a consortium led by Macquarie Bank Ltd.  this week, possibly as early as Wednesday, sources said.
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By Kyodo News International, Tokyo  Dec. 14--SYDNEY -- Australia's Qantas Airways said Thursday it has  accepted a revised A$11.1 billion (about US$8.7 billion) buyout offer by a  consortium led by a local investment bank, a local newspaper reported.
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SYDNEY, Australia  - Qantas profits soared to a record 648.8 million Australian dollars (US$463.8 million, euro 376 million) in the past fiscal year, thanks to rising passenger numbers despite fears of Iraq war-related terrorism and the aftermath of ...
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An $8.7 billion takeover bid for  Australia's Qantas Airways Ltd.  by a consortium led by  Macquarie Bank Ltd.  is fair and reasonable, an  independent expert said on Monday.
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Australia's Qantas Airways Ltd.   reached a deal on Wednesday to be sold to a group led  by Macquarie Bank Ltd.  and private equity firm Texas  Pacific Group, according to a source familiar with the deal.
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Scandinavian Airlines says it will sell its stake in British carrier BMI to reduce costs and lift profits.
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Australia's Qantas Airways Ltd.  has rejected a conditional A$10.9 billion ($8.6 billion) buyout offer led by Macquarie Bank Ltd.  and Texas Pacific Group .
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British Airways Plc, Europe&#39;s second- largest airline, raised about A$1.1 billion ($770 million) from the sale of shares in Qantas Airways Ltd.
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MELBOURNE Shares of Qantas Airways, Australia&#39;s biggest airline, on Thursday plunged to a 12-month low amid concern that surging fuel prices would erode earnings and after the company reported earnings that missed analysts&#39; forecasts.
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Australian flag carrier and icon Qantas has received a takeover approach, potentially worth more than 8.0 billion US dollars and sending its share price soaring to record levels.
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SYDNEY: British Airways said it will sell its entire 18.25% stake in Australia&#39;s Qantas Airways in a move seen as likely to fuel a major realignment of airline alliances.
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MELBOURNE/SYDNEY  - Investment bank Macquarie Bank  and private equity firm Texas Pacific Group have proposed buying out Australian airline Qantas Airways  in a deal that could be worth more than A$10 billion ($7.7 billion), pushing Qantas shares up as much as 21 percent.
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An $8.7 billion takeover bid for Australia's Qantas Airways Ltd.  by a consortium led by Macquarie Bank Ltd.  is fair and reasonable, an independent expert said on Monday.
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AustraliaÂs national carrier, Qantas, said that it had been approached by Macquarie Bank and the Texas Pacific Group amid speculation of a takeover.
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Australia's Qantas Airways Ltd.  reached a deal on Wednesday to be sold to a group led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group, according to a source familiar with the deal.