Alliance Airlines: Qantas made no approach to Alliance regarding acquisition of 19.9% stake

    Alliance Airlines board stated (01-Feb-2019) Qantas has not made any approach towards it, in reference to media reports Qantas has acquired a 19.9% stake in the carrier. As previously reported by CAPA, Qantas said it expects to ultimately seek regulatory approval from the Australian Competition and Consumer Commission to take a majority holding in Alliance Airlines.