Qantas jettisons JAL merger rumour

[Slats7]

Qantas jettisons JAL merger rumour | The Australian

QANTAS says speculation it has joined forces with American Airlines and British Airways to bid for Japan Air Lines is untrue.

The rumours spread rapidly yesterday from Tokyo but were dismissed last night by Qantas head of government and corporate affairs David Epstein.
"Obviously because we're close partners with both JAL and American Airlines and we're fellow members of the One World group," Mr Epstein said.
"We have keen interest in both the future of JAL and any discussions American Airlines may be having with JAL.



"But Qantas is not involved in any of the formal negotiations taking place between any parties nor are we engaged in any M&A (merger and acquisition) or consolidations discussions with any other airline."

 

[drron]

Trust News for accurate info.The rumours were of an investment in JAL not a bid or merger neither of which the Japanese government would have allowed ant way.