Company Watch - Qantas Airways.Dec 11, 2006 Bid for Qantas a tangled web of political, financial interests. Australian Deputy Prime Minister A Deputy Prime Minister or Vice Prime Minister is, in some countries, a government minister who can take the position of acting Prime Minister when the real Prime Minister is temporarily absent. and Treasurer Peter Costello Peter Howard Costello (born 14 August 1957) is an Australian politician. He has been Deputy Leader of the Liberal Party since 1994, and Treasurer of Australia since 1996, making him the longest serving treasurer in Australian history. has dampened the bid for Qantas, making it clear over the weekend that the government will decide whether last week's offer from a consortium led by Texas Pacific and Macquarie Bank Macquarie Bank Limited is an Australian merchant bank and financial services group, providing a broad range of products and services to investors, corporations and government. Its global headquarters is in Sydney, and it is listed on the Australian Stock Exchange (ASX). , which some estimate to be worth $8 billion, is in the national interest. Dec 8, 2006 Qantas is focusing its Japanese service on Tokyo Narita following Jetstar's approval to operate long-haul flights from Australia. "We intend to grow both Qantas and Jetstar in international markets but we must match the appropriate cost structure and style of service to individual markets," Qantas CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Geoff Dixon Geoff Dixon (born in Wagga Wagga, New South Wales, Australia) is an Australian corporate executive and current CEO and Managing Director of Qantas. Qantas Geoff Dixon was appointed Chief Executive Officer and Managing Director of Qantas in March 2001. said. "While Qantas continues to be a major leisure travel provider, under its current costs it requires a significant business base to sustain profitable operations on some key international routes." Jetstar will replace Qantas on some Japanese routes, Dixon said, though the specific routes have not been determined yet. By summer 2007, Qantas is scheduled to operate flights from NRT NRT Nicotine Replacement Therapy NRT Norm-Referenced Test NRT near real time NRT Non-Real-Time NRT National Response Team NRT Tokyo, Japan - Narita (Airport Code) NRT Net Registered Tonnage to Sydney (11-times-weekly aboard A330s), Melbourne (thrice-weekly aboard A330s), Perth (thrice-weekly aboard 767-300s) and Cairns Cairns, city (1991 pop. 64,463), Queensland, NE Australia, on Trinity Bay. It is a principal sugar port of Australia; lumber and other agricultural products are also exported. The city's proximity to the Great Barrier Reef has made it a tourist center. (14-times-weekly). It began operating a seasonal Cairns-Sapporo service twice-weekly this month and will continue flying the route through March. Dec 8, 2006 Qantas bidders continue to maneuver to avoid government showdown. It appears that those behind the proposed A$10 billion ($7.88 billion) bid to take Qantas private have restructured their offer to avoid oversight by Australia's Foreign Investment Review Board. Dec 6, 2006 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For more global news, reviews, features and analysis, please go to: http://www.airguideonline.com/onlinenews.htm To Subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Nov 13, 2006 |
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