DataRoom AM: Qantas cold shoulder

Qantas looks like it may have to fend for itself, while GrainCorp’s exiting boss gives the government a serve.

Prime Minister Tony Abbott has provided some contrasting signals on Qantas Airways over the weekend, but one thing appears clear: significant government help shouldn’t be relied upon. The national carrier’s codeshare partner Emirates Airlines is also unlikely to come to the party, leaving Qantas boss Alan Joyce to wonder whether ignoring the approaches of Etihad Airways was, in hindsight, a mistake.

Elsewhere, GrainCorp’s outgoing boss justifiably hits out at the government, a trade sale is chosen for Queensland Motorways, Wesfarmers makes a divestment and AWE limited receives a takeover offer.

Qantas Airways


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