Trade Minister Andrew Robb has said he will raise the issue of foreign investment in Qantas when he mets with Emirates Airline chairman Sheikh Ahmed Bin Saeed al-Maktoum in Dubai this week.
“I’m sure he’ll raise it if I don’t. But I will explicitly mention it,” Minister Robb was reported as saying.
“We have said that we want to open up the opportunities for foreign investors… I think Qantas would very much welcome other foreign investors, and that would give them a much more level playing field with Virgin Australia,” Robb told journalists in Dubai as reported by Al Arabiya News.
“I am meeting with the head of Emirates. And I will give him the same answer, that the new government [wants] to see viable airlines… In the case of Qantas I think it requires a change in the ownership act and the potential for other entries into the ownership. We want to create the right environment that allows that to happen.”
The Qantas-Emirates codesharing alliance commenced operations on March 28 last year, but Emirates has previously ruled out taking an equity stake in the Australian airline.
25% off starts now! Australian Aviation magazine Cyber Monday sale is now live. Have the very best of Australian Aviation’s annual print and digital subscription. This includes every In Focus and Behind the Lens digital magazine, special coverage, exclusive photos and editions you may have miss. Subscribe now at australianaviation.com.au.
Start your very own aviation journey with Australian Aviation. Sign up today for as little as $49.95 and you’ll enjoy access to:
You can always rely on us to keep you in the know.
Join now and start enjoying all these benefits today.