The national carrier said no decision has been taken on Qantas Loyalty — its frequent flyer division — and that it was often the subject of speculation, particularly in the lead up to its. results.
A partial divestment of the profitable Loyalty division has long been thought as an option for the national carrier to pay down its debts, but it is believed the airline’s board will support a call from senior management to shun such a plan.
Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.
Media reports this morning suggest the embattled airline was set to officially rule out out an option to float part of the frequent flyer division.
Read more here: Business Spectator