Qantas Acquires Stake In Virgin Partner Alliance Airlines
February 01, 2019
AUCKLAND—A move by Qantas to buy a stake in Australian charter and regional carrier Alliance Airlines has raised concerns with rival Virgin Australia, which is a long-standing partner of Alliance.Qantas bought 19.9% of Alliance’s shares on the stock market, spending A$60 million ($43.6 million). The...
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