Airline Partners Australia - Takeover Concerns

Takeover Concerns

Numerous concerns were raised in relation to the proposed takeover. These included Macquarie Bank's controlling stake in Sydney Airport (Australia's largest airport). There was concern that Macquarie Bank, being a major shareholder in both Qantas and Sydney Airport, would have incentive to place restrictions on commercial competitors using Sydney Airport, or favour Qantas in business dealings.

Airline unions raised concerns about the proposed takeover, amidst concerns that there would be heavy redundancies, or high numbers of jobs sent offshore.

Read more about this topic:  Airline Partners Australia

Famous quotes containing the words takeover and/or concerns:

    A poet is a combination of an instrument and a human being in one person, with the former gradually taking over the latter. The sensation of this takeover is responsible for timbre; the realization of it, for destiny.
    Joseph Brodsky (b. 1940)

    I have no doubt that it was a principle they fought for, as much as our ancestors, and not to avoid a three-penny tax on their tea; and the results of this battle will be as important and memorable to those whom it concerns as those of the battle of Bunker Hill, at least.
    Henry David Thoreau (1817–1862)