Anyone else see the following in Letters to the Editor of the Australian Finacial Review, yesterday, tues 29 May 2012, by none other than Qantas' bad hair ambassador herself ,little Livvy
Quote:
"The senario described in yesterday's Street Talk column ("Qantas Domestic stake would suit Emirates down to a tee", AFR May 28) is nothing but pure gossip.
It is not possible for Emirates, or any investor for that matter, to "take a stake in Qantas Domestic".
Under the restructure announced last week, Qantas Domestic will become a distinct business segment within the Qantas Group, like the Qantas Frequent Flyer and Jetstar segments.
It will not become a separate entity open to investment. The group as a whole remains listed on the Australian Securities Exchange as a single company, Qantas Airways Ltd.
The purpose of the restructure is to provide greater transparency and focus to the management of Qantas Domestic and Qantas International,recognising that each airline faces very different market conditions.
It is about managing the group as a true portfolio business, consistent with the strategy that we announced in August 2011.
There is no hidden agenda."( my bolding)
So there, we've been told that there is "no hidden agenda" behind the segmentisation ,by no other than the Group Executive, Government and Corporate Affairs", Qantas airways,
Olivia Worth.
All Qantas staff can now rest easy, move along, there is nothing to see here.
Last edited by blow.n.gasket; 30th May 2012 at 01:33.