Dow Jones
Tuesday February 25, 3:48 PM
Singapore Air/Qantas/Stake: Talks To Remove Foreign Cap
SINGAPORE (Dow Jones)--Singapore Airlines Ltd. Tuesday said it isn't in any talks which may lead to the possible acquisition of a stake in Australia's Qantas Airways Ltd.
"We have not held any discussions with Qantas about taking a stake in that airline," an SIA spokesman said in response to a query from Dow Jones Newswires.
Qantas Chief Executive Geoff Dixon said earlier Tuesday that the airline's executives are talking with the Australian government again about removing the 49% foreign investment cap on its share register.
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Pic: Singapore Airlines 9V-SRC 777-200 airbourne from rwy 01 BNE.
http://www.jetphotos.net/viewphoto.php?id=1343
Photo: Wirraway (Ian Sharp)
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