Nationals Leader David Littleproud has distanced himself from a proposal to threaten Qantas (QF) and Jetstar (JQ) with break-up powers in response to anti-competitive behavior.
Australia ACCC
In a move set to redefine the travel experience between Australia and New Zealand, the Australian Competition and Consumer Commission (ACCC) has recently announced a groundbreaking draft determination.
Recent court documents have unveiled that former Qantas (QF) CEO Alan Joyce sold $17 million in shares shortly after the airline provided information on canceled flights to the ACCC.
Australian flag carrier Qantas (QF) is currently in the process of reviewing the allegations presented by the ACCC and will provide further comments once they have completed this review.
Australian Competition and Consumer Commission (ACCC) has released a draft determination proposing to authorize Qantas Airways (QF) and Emirates (EK), and their related entities, including Jetstar (JQ), to continue coordinating their operations for the next five years