Brief: Qantas Announces Termination Of Alliance Aviation Acquisition Plans

Alliance Aviation Services

19/10/2023 02:21

Oct 19 (Reuters) - Qantas Airways Ltd  QAN.AX :
    * QANTAS AND ALLIANCE AVIATION TERMINATE ACQUISITION PLANS,
AGREE
ON MORE AIRCRAFT
    * GROUP WILL RETAIN ITS SHAREHOLDING OF NEARLY 20 PER CENT
OF
ALLIANCE
    * WILL CONTINUE ITS LONG-TERM AGREEMENT THAT SEES ALLIANCE
OPERATE
UP TO 30 E190S FOR QANTAS GROUP
    * HAS AGREED TO EXERCISE OPTIONS OVER FOUR ADDITIONAL
AIRCRAFT
UNDER THAT AGREEMENT
    * ADDITIONAL AIRCRAFT ARE EXPECTED TO JOIN QANTAS FLEET FROM
APRIL
2024

Source text for Eikon:  ID:nASX7fGDNY 
Further company coverage:  AQZ.AX 

 ((Reuters.Briefs@thomsonreuters.com;))