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Qantas places faith in freight

written by australianaviation.com.au | October 3, 2012
Australian air Express will be rebranded Qantas Freight. (Mehdi Nazarinia)

Qantas has announced it will sell its 50 percent share of StarTrack to Australia Post and in parallel will acquire full ownership of Australian air Express (AaE).  Since 2003 Qantas and Australia Post have each owned 50 percent of StarTrack and AaE.

In a move that aims to optimise return on the airline’s airfreight investments as it seeks to bolster its flagging financial position, the full acquisition of AaE will also provide Qantas a near-seamless airfreight product across its international and domestic networks under a single Qantas Airfreight brand.  Post-acquisition, it will retain close links with Australia Post and StarTrack, which will remain significant customers of the airfreight business.

The planned ownership changes, subject to approval by the ACCC and Australia Post’s government shareholder, are expected to be completed by the end of the year.

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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 places faith in freight

written by australianaviation.com.au | October 3, 2012
Australian air Express will be rebranded Qantas Freight. (Mehdi Nazarinia)

Qantas has announced it will sell its 50 percent share of StarTrack to Australia Post and in parallel will acquire full ownership of Australian air Express (AaE).  Since 2003 Qantas and Australia Post have each owned 50 percent of StarTrack and AaE.

In a move that aims to optimise return on the airline’s airfreight investments as it seeks to bolster its flagging financial position, the full acquisition of AaE will also provide Qantas a near-seamless airfreight product across its international and domestic networks under a single Qantas Airfreight brand.  Post-acquisition, it will retain close links with Australia Post and StarTrack, which will remain significant customers of the airfreight business.

The planned ownership changes, subject to approval by the ACCC and Australia Post’s government shareholder, are expected to be completed by the end of the year.

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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 places faith in freight

written by australianaviation.com.au | October 3, 2012
Australian air Express will be rebranded Qantas Freight. (Mehdi Nazarinia)

Qantas has announced it will sell its 50 percent share of StarTrack to Australia Post and in parallel will acquire full ownership of Australian air Express (AaE).  Since 2003 Qantas and Australia Post have each owned 50 percent of StarTrack and AaE.

In a move that aims to optimise return on the airline’s airfreight investments as it seeks to bolster its flagging financial position, the full acquisition of AaE will also provide Qantas a near-seamless airfreight product across its international and domestic networks under a single Qantas Airfreight brand.  Post-acquisition, it will retain close links with Australia Post and StarTrack, which will remain significant customers of the airfreight business.

The planned ownership changes, subject to approval by the ACCC and Australia Post’s government shareholder, are expected to be completed by the end of the year.

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 places faith in freight

written by australianaviation.com.au | October 3, 2012
Australian air Express will be rebranded Qantas Freight. (Mehdi Nazarinia)

Qantas has announced it will sell its 50 percent share of StarTrack to Australia Post and in parallel will acquire full ownership of Australian air Express (AaE).  Since 2003 Qantas and Australia Post have each owned 50 percent of StarTrack and AaE.

In a move that aims to optimise return on the airline’s airfreight investments as it seeks to bolster its flagging financial position, the full acquisition of AaE will also provide Qantas a near-seamless airfreight product across its international and domestic networks under a single Qantas Airfreight brand.  Post-acquisition, it will retain close links with Australia Post and StarTrack, which will remain significant customers of the airfreight business.

The planned ownership changes, subject to approval by the ACCC and Australia Post’s government shareholder, are expected to be completed by the end of the year.

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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