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British Airways will sell its Qantas stake
London, United Kingdom - The Europe's second-largest airline has need liquidity in order to reduce its debt
Today the British Airways would have announced that, after to have already cut the airline operating costs of 23% in order to reorganize its enormous debt of approximately GBP 5,6m it will sell in the next 2 days, its Qantas (Australian flag airline) stake. The 18.25% stake, acquired from the British carrier in 1993, seems that would interest, according to some voices, to Singapore Airlines. But the...
AVIONEWS - World Aeronautical Press Agency - 102916
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency