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Old 19th Apr 2009, 01:19
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Gingerbread
 
Join Date: Jul 2006
Location: NSW
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Paxing's statement: [quote]...QF wants the QF sales act amened so they can more easily go for a merger... [quote]

Is close to the bone I believe.

Australia's Aviation Policy Green Paper released in December 2008 states in part that a liberalisation agreement could:
....Remove many if not all existing regulatory limitations...Australia has increasingly sought to move towards a bilateral ownership founded upon Principle Place of Business based on who has regulatory oversight of the airline, rather than who owns the equity of the company...

Nonetheless, with Whom and How QF Group will globalise, is far from clear and is unlikely to be answered until sometime after the National Aviation Policy Review has resulted in new legislation being passed by the Parliament. Whenever that may be.

In the meantime can only hope that AJ’s Team understand that any Sale Act changes QF would like to see will only be possible if Government, Unions, Shareholders and the Travelling Public come to a consensus view that any such change will be to their benefit.


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