iscover
Qantas 747-400ER Wunala Dreaming and sisterships at Los Angeles International Airport, a key destination for Qantas, which seems unlikely to change under new ownership. (Andrew McLaughlin)
A private venture
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The Qantas takeover and the ‘national interest’
The federal government is possibly wishing that it could avail itself of the Traffic Collision Avoidance System (TCAS) fitted to Qantas aircraft as it grapples with the massive conflict of national interest engendered in the proposed $11 billion debt laden private equity buyout of Qantas with its aggressive free-market agenda.
Ever since the Macquarie Bank-led deal was announced in late November, the messages from Canberra have had only one thing in common – they have been mixed. This confusion was brought about by the division in Cabinet over protection for Qantas versus what some saw as the greater good of the tourism industry and the need for long term support for regional airline services.
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