Qantas flies higher after BA exits
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Qantas shares are 1.5 percent higher Thursday after the Australian flag carrier confirmed the Aust. $1.1 billion ($770 million) exit of British Airways from its share register.
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Qantas Airways Ltd , Australia's  largest airline, said on Monday it would raise its fuel  surcharges on international routes, the second increase in less  than a year.
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LONDON : British Airways (BA) said it would sell its 1.1 billion Australian dollar (770 million US) stake in Australia&#39;s Qantas in a move seen as likely to fuel a major realignment of airline alliances.
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Australian flag carrier Qantas Airways said that British Airways had sold its 18.25 percent shareholding to a range of investors, as its shares surged on the news.
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Shares in Air China, the country&#39;s flagship carrier, closed 8.2 per cent higher yesterday when it began trading in Hong Kong, as Chinese stocks in the territory continued to rebound
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Aug. 20 (Bloomberg) -- Qantas Airways Ltd., Australia&#39;s biggest airline, increased a surcharge on all tickets as the cost of jet fuel soared to a record. Qantas shares rebounded from a three-month low.
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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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BA is to sell its stake in Australian airline Qantas and will use the cash raised to cut its debts, the airline announces.
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MARK COLVIN: Qantas might have posted yet another record profit, but the national carrier&#39;s boss, Geoff Dixon, claims earnings are being hampered by unfair subsidies for international carriers allowed to fly in and out of Australia.
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British Airways is selling off its 18.25 per cent stake in Australian flag carrier Qantas to repay off some of its huge debts and build up its cash war chest for new deals in Europe.
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The first flight of Qantas-backed budget airline Jetstar Asia departed Singapore for Hong Kong on Monday, raising the number of no-frills airlines based in Singapore to three.
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British Airways has sold its A$1.1 billion (431 million pounds) stake in Australia&#39;s Qantas Airways to Australian and international investors, helping push up Qantas shares by over 2 percent.
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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, Australia -- Australian stocks are trading at a fresh record Thursday, defying a negative lead on Wall Street. Market heavyweight News Corp, leading airline Qantas and the top four banks are all higher.
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Virgin Blue Holdings on Monday followed Qantas Airways and raised the fuel surcharge on its tickets as a result of sky high oil prices.
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British Airways has completed the sale of its stake in Qantas Airways Ltd, with shares in the Australian carrier to resume trading on the stock market on Thursday.
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NON-STOP flights between Britain and Australia were made possible yesterday with the launch of the world - s newest passenger aircraft.