Qantas CEO Alan Joyce told an industry forum in Sydney that the time is "absolutely not right" for mergers with competitors and would represent a distraction from managing the airline. The strongly worded statement, reported by the Sydney Morning Herald, distanced Joyce from his predecessor Geoff Dixon, who touted industry consolidation at the same forum the previous day. Joyce said mergers between airlines in the Asia/Pacific region are more than 10 years away owing to regulatory and ...

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