what does this recent announcement from JET about being in discussions with QANTAS mean ?
Im not up to speed with JET story, but am interested to know what some think about implications on share price depending on these discussion outcomes.... could JET rocket on a deal ?
"JETSET TRAVELWORLD LIMITED STATEMENT
Jetset Travelworld Limited is involved in preliminary discussions with Qantas in
relation to its holidays business.
These preliminary discussions with Qantas are in the very early stages and are
not at a stage where a deal can be concluded.
CEO of Jetset Travelworld, Michael Reed, states that the Company is always
exploring opportunities to strengthen the business, particularly given the travel
industry is currently subject to considerable consolidation.
Jetset Travelworld Limited is fully aware of its continuous disclosure
obligations."
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