PPRuNe Forums - View Single Post - British Airways to sell QANTAS stake?
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Old 8th Sep 2004, 09:41
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Kaptin M
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Join Date: Jul 2000
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It is interesting that Rod Eddington - past CEO of QANTAS - has decided - in his capacity as CEO of BA - to SELL off the QF shares.

Is it the threat of a looming industrial confrontation at XMAS time?
Or does he see the AUD falling, as the October 9 elections approach?
Perhaps he feels that his replacement has run out of ideas (once he's had his scrap with the F/A's) - or that future confrontations are only going to cost QANTAS even more in the future.
Does Eddington see QANTAS' ventures into the Asia Pacific region as liabilities?

Whatever the reason, it would indicate that Eddington has given a BIG to Dicko's future plans for QANTAS.
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