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Qantas may give back $2bn.
Australasian Business Intelligence, May, 2007
Tags: Qantas Airways Ltd.
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Byline: Glenda Korporaal and Tim Blue
May 20, 2007 (The Australian - ABIX via COMTEX) -- Australian carrier Qantas Airways is considering a capital return strategy, which experts forecast could be worth up to $A2.2bn. This would add to the airline's net debt of $A2bn and be in line with plans by would-be takeover consortium Airline Partners Australia. It had flagged a return of as much as $A4bn before its private equity buy-out move collapsed. Meanwhile, a new candidate to replace retiring Qantas chair Margaret Jackson could be former CEO James Strong. He has been on the board of ...
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