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Rika Ninomiya

QANTAS eyes Malaysia | The Australian - 0 views

  • QANTAS may pursue Malaysia Airlines following the demise of the Australian carrier's $8 billion merger plans with British Airways.
  • Qantas had wanted majority ownership in the deal, reflecting its bigger market value, but BA was not prepared to become a junior partner.
  • faced a number of significant hurdles
  • ...4 more annotations...
  • Malaysia Airlines, run by savvy ex-petroleum industry executive Idris Jala, appeared the most likely partnership option in Asia
  • merger with Singapore Airlines, often touted as a good match, was unlikely because of questions of control and potential competition issues
  • He believed another possibility often raised, Cathay Pacific, was also unlikely, as were Thai Airways, Garuda, Philippine Airlines and the Chinese carriers.
  • However, he did not rule out a possible partnership with another European carrier or Japan Airlines in the longer term.
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    The article talks about Qantas's pursue of Malaysian Airline and other foreign airlines to merge with them. By merging with other major airline, Qantas is hoping to operate in more places which would help increase their market share in the world.
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