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Company Watch - Qantas Airways.


Mar 26, 2007

Qantas Link is increasing its fleet of Boeing 717-200s from eight to 11 as part of a renewed operating agreement An operating agreement is an agreement among limited liability company ("LLC") members governing the LLC's business, and Member's financial and management rights and duties. No state requires an LLC to have an Operating agreement.  with National Jet Systems for an additional five years. Qantas Group GM-Regional Airlines Narendra Kumar said the move will increase QantasLink's total jet and turboprop turboprop: see turbine.
turboprop

Hybrid engine that provides jet thrust and also drives a propeller. It is similar to the turbojet except that an added turbine, behind the combustion chamber, works through a shaft and speed-reducing gears to turn a
 fleet to 49 aircraft, which typically serve regional routes within Australia. NJS NJS Naval Justice School
NJS Nurmijärven Jalkapalloseura (Finland) 
 provides crews and maintenance for the 717s. The first additional aircraft will enter service in August and be based in Perth, with the other two entering service in October. At the same time, QantasLink will upgrade the 717 engines from 18,000 lb. thrust to 21,500 lb. to improve payload capability from northern Outback towns during Australia's blistering summer. Mar 22, 2007

Qantas Bid In Disarray As Shareholder Rejects Offer. An USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
$8.7 billion bid for Qantas Airways is in disarray after a key shareholder said it would vote against the offer, forcing the buyout group to rethink its deal. Mar 25, 2007

The proposed takeover of Qantas Airways has taken a major step forward having cleared its two major obstacles with the Australian government. The first was the issue, raised by the competition commission, of 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).  taking a 15% stake in Qantas when it already holds a 13% stake in the company that runs Sydney airport Sydney Airport may refer to:
  • Kingsford Smith International Airport in Sydney, Australia
  • Sydney Airport Corporation Limited, the private operator of Kingsford Smith International Airport
  • Sydney Airport (Nova Scotia), in Nova Scotia, Canada
. Even though the commission found last year that Sydney abused its monopoly by favouring Qantas on landing charges, it concluded the bank had no clear incentive to favour Qantas at the airport. Mar 19, 2007

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Mar 19, 2007
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Publication:Airguide Online
Geographic Code:8AUST
Date:Mar 26, 2007
Words:344
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