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Australia: stop to the Qantas-Alliance Aviation deal
Decision following a negative opinion from the Sydney Competition Commission
The management of Australia's national airline, Qantas Airways, will abandon its acquisition of national charter operator Alliance Aviation Services. The value of the deal was 387 million dollars. The decision comes after the Australian Competition and Consumer Commission (ACCC) denied authorization for the acquisition in April, saying the deal would raise prices and lower the quality of service. The...
Gic - 1254403
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency