SYDNEY: Qantas chief executive Alan Joyce has demanded the government halt what he described as a “virtual takeover” of Virgin Australia by foreign airlines, saying they were working to destabilise the national carrier.
Singapore Airlines, Air New Zealand and Abu Dhabi-based Etihad already own 63% of Qantas’ main domestic rival and under a A$350mil (US$328mil) capital raising announced last week, that could increase to as much as 72%.
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