Qantas is considering acquiring a share of Indonesian budget carrier Adam Air to strengthen its position in the high-growth Southeast Asia market. Adam Air CEO Gunawan Suherman confirmed that Qantas CEO Geoff Dixon and CFO Peter Gregg were in Jakarta last Friday to discuss the acquisition of 20%-30% of the operation. According to Gunawan, Qantas is planning to establish Jakarta as a second Asian hub after Singapore. Adam Air began flying in December 2002 with 737s and currently operates 20 ...

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