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Australians reject Qantas takeover

Thursday, 8 March 20073 min read

Australian travellers have proved themsleves to be astute in business decisions, overwhelmingly rejecting the $11.1 billion takeover of Qantas, in survey results published today, with more than 80% of those surveyed branding it a profit-seeking exercise with no guarantees of better service and with the possibility of job cuts.

In the first published survey on the issue, Australians were asked:

Do you think the sale of Australia’s iconic national airline, Qantas, to a private equity consortium would be a good idea?

With more than 600 people responding to the survey conducted over the past month by leading online travel guide and directory www.TotalTravel.com, more than 80%, totalling 503 respondents rejected the sale and less than 7%, 42 respondents supported the sale.

Those who backed the sale believed it would reinvigorate the Aussie airline and help it achieve greater success in the future, with the remaining 13%, 81 respondents, saying that the sale was not an issue that concerned them, feeling Qantas was like any other business and it was not up to them to judge who owned it.

www.TotalTravel.com Global Marketing Manager Paul Fisher said the survey result would provide fresh ammunition for those still fighting to stop the Qantas sale despite the Federal Government this week approving the takeover.

In a recent Mole Poll when TravelMole subscribers were asked if they thought that the APA Qantas deal was dead, 55% said they thought it was and 45% that it was not.

Also in another recent Moll Poll, when subscribers were asked if they were comfortable with the sale of Qantas, a resounding 80% said they were not.

A report by The Mole