In a statement to the Hobart Stock Exchange, Tasair have advised that they will be taking over Qantas and offering the remaining mum's and dad's shareholders 10 free hour ICUS in a Chieftain. A Qantas spokesperson said that the management had looked at various options but due to volacnic ash, sars, bird flue, avgas shortages, the demise of Ansett, floods in Queensland, the sale of Qantas to Tasair looked to be the best option for management to move forward and turn the corner.