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Qantas takeover of Network Aviation

After months of speculation, Qantas has confirmed it has taken over regional airline Network Aviation to move into the fly-in-fly-out air charter market in a deal believed to be valued at more than $30 million.

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Comments

Mt Lawley
It is extraordinary that the dominant carrier is allowed to expand by acquisition. Australia's competition policy is something Potemkin would be proud of.

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Total Shareholder Return as at 30/09/16

1 year TSR5 year TSR
356thAmcor19%24%
365thLendlease17%20%
421stOrigin Energy4%-11%
526thQantas-9%19%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

9th-Qantas$16,200.0m
10th-Lendlease$15,350.3m
13th↓Amcor$12,811.1m
14th-Origin Energy$11,981.0m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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