Qantas May Sell Part Of Its Frequent Flyer Business In Private Equity Deal

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Qantas Airways has formed an internal deal team to mull the option of selling a portion of its Frequent Flyer business to a private equity firm.

The “dual track” process would be the alternative option to floating its Frequent Flyer division.

Part of the $3 billion sale would go toward paying off the national carrier’s debt and shore up its credit rating.

Telstra and Woolworths are believed to have shown interest in the business.

Read more here.

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