19 October 2023

Qantas And Alliance To End Buyout Proceedings

News.com.au reports that both Qantas Airways and Alliance Airlines announced that they will end the buyout proceedings, and continue as separate entities, with Qantas maintaining its 20% stake in Alliance. The 611 million AUD deal fell through as the Australian Competition and Consumer Commission opposed the buyout in April 2023, and Qantas appealed the decision.

Qantas, however, will exercise an option for four more Alliance E190s to be used for QantasLink's regional service.

Alliance has plans to acquire 30 ERJ-190ARs from AerCap, and currently leased to jetBlue Airways, with deliveries beginning later this year, and lasting to 2025. Nothing was mentioned in report regarding these 30 E190s.

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