DataRoom AM: Qantas delay

The fate of Qantas’ frequent flyer decision is still up in the air, while Cheung Kong Infrastructure has thrown APA Group’s Envestra bid into doubt.

Qantas Airways provided a fresh glimpse into its turnaround plans yesterday, but one big question remains unanswered -- and it could stay that way for several months.

Elsewhere, Cheung Kong Infrastructure makes a big play for Envestra, Aquila Resources prepares to officially rebuff Baosteel’s takeover proposal and Goodman Fielder gets its suitor offside.

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