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Qantas sells off DPEX

written by australianaviation.com.au | June 8, 2010

Qantas has announced that it has sold its shareholding in Asian express cargo operation DPEX Worldwide to Toll Holdings for an undisclosed sum.

Qantas said in a statement that the sale was part of its “ongoing strategy of focusing on core business areas.” The sale excludes DPEX’s Australian operations, and is subject to approval from Chinese competition authorities  due to the existing scale of the two company’s operations in China.

Qantas acquired Singapore based DPEX Worldwide in 2007 as part of a push to increase its footprint in the Asian freight market.

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Qantas sells off DPEX

written by australianaviation.com.au | June 8, 2010

Qantas has announced that it has sold its shareholding in Asian express cargo operation DPEX Worldwide to Toll Holdings for an undisclosed sum.

Qantas said in a statement that the sale was part of its “ongoing strategy of focusing on core business areas.” The sale excludes DPEX’s Australian operations, and is subject to approval from Chinese competition authorities  due to the existing scale of the two company’s operations in China.

Qantas acquired Singapore based DPEX Worldwide in 2007 as part of a push to increase its footprint in the Asian freight market.

Advertisement
Advertisement

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

Qantas sells off DPEX

written by australianaviation.com.au | June 8, 2010

Qantas has announced that it has sold its shareholding in Asian express cargo operation DPEX Worldwide to Toll Holdings for an undisclosed sum.

Qantas said in a statement that the sale was part of its “ongoing strategy of focusing on core business areas.” The sale excludes DPEX’s Australian operations, and is subject to approval from Chinese competition authorities  due to the existing scale of the two company’s operations in China.

Qantas acquired Singapore based DPEX Worldwide in 2007 as part of a push to increase its footprint in the Asian freight market.

Advertisement
Advertisement

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

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