News - Airline Partners Australia
By Tim Johnston Just months ago, Geoff Dixon, the chief executive of Qantas, was battling to restore his reputation after supporting a failed private equity bid for the Australian airline. But today, Dixon's standing - and that of the company he runs - could not be more solid.
By Robert Fenner Shares of Qantas Airways, Australia's biggest airline, may be worth 30 percent more than the value of a failed Macquarie Bank-led buyout, according to analysts at the bank's stockbroking arm.
By Kevin Foley and Joyce Moullakis Macquarie Bank and its buyout partners abandoned plans to revive a takeover bid for Qantas Airways after shareholders rejected their 11.1 billion Australian dollar, or $9.2 billion, offer for Australia's largest airline as too low.
By MERAIAH FOLEY SYDNEY, Australia - Qantas Airways Ltd. Chairwoman Margaret Jackson will resign in the wake of the failed $9 billion takeover bid by a private equity consortium, but the company said CEO Geoff Dixon will hold his post for at least two more years.
By Jon Ashworth They said it could not be done; perhaps they were right. When a private equity consortium trundled down the runway last December with an A$11bn (Pounds 4.5bn, $9.1bn) bid for Qantas, the Australian flagcarrier, financiers around the world and airline managements held their breath.
