FJ claims QF proposal is ‘cute’

The Fijian Government remains keen to acquire Qantas’ 46 percent stake in Air Pacific, as Fiji tourism minister Aiyaz Sayed-Khaiyum confirmed, but only at the "right price".

In an ongoing battle with Qantas over shareholding, Mr Sayed-Khaiyum released ‘strictly private and confidential’ papers detailing correspondence from Qantas chief executive Alan Joyce.

At a media conference in Suva earlier this week, the tourism minister reiterated Air Pacific’s commitment to negotiating a sale price in a fair and transparent manner.

The proposed sale of shares rather than a formal offer, according to Mr Sayed- was "Qantas being cute".

Qantas offer of $75 million for its stake in May 2010 is being disputed by Fiji’s government, however according to the correspondence, Qantas’ position on the sale remains unchanged.

Source = e-Travel Blackboard: K.W
Pin It
Add Comment Register

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>