The A$11.1 billion ($8.61 billion) sale of Qantas to Airline Partners Australia took a giant stride forward yesterday when Australian Treasurer Peter Costello announced that the government has no objections to the sale (ATWOnline, March 2) and that the Foreign Investment Review Board examined and approved the bid, which now is before QF shareholders. Costello told media that Qantas signed a legally enforceable deed including several guarantees, ensuring that the airline's head office would ...

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