Aug 1 (Reuters) - Qantas Airways Ltd (QAN) :
- NOTES ACCC'S RECENT STATEMENT ON 19.9% STAKE IT HAS HELD IN ALLIANCE AVIATION SERVICES LIMITED
- QANTAS HAS NO PLANS TO DECREASE ITS HOLDING IN ALLIANCE.
- DO NOT BELIEVE THERE IS ANY EVIDENCE OF A LESSENING OF COMPETITION AS A RESULT OF OUR MINORITY STAKE
- "HAVE NOT SOUGHT ANY MANAGEMENT CONTROL OR A BOARD SEAT AND REMAIN A PASSIVE INVESTOR IN ALLIANCE"
- "OUR CURRENT STAKE IS NOT CONTINGENT ON REACHING A MAJORITY POSITION"
- HAVE AGREED NOT TO EXPAND OUR SHAREHOLDING IN ALLIANCE WHILE ACCC CONTINUES ITS INVESTIGATION
News: AQZ Qantas Airways Notes ACCC's Statement On Co's Stake Held In Alliance Aviation Services
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Mkt cap ! $418.6M | |||
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