Call to break up Qantas for the ‘consumer interests’

Monday, 09 Sep, 2024 0

An Australian politician has called for the breaking up of Qantas Group to ‘deal with the airline duopoly.’

Shadow Transport Minister Bridget McKenzie said the government should introduce powers to spin off low cost Jetstar from Qantas control.

It came in an op-ed published by the Australian Financial Review.

McKenzie wrote it should be a ‘divestiture as a measure to ensure consumers’ interests.’

McKenzie said the Australian competition regulator should explore ‘the role of divestiture.’

However, party leader David Littleproud said this isn’t policy yet.

Littleproud did say it was a ‘sensible look at competition to ensure we have cheaper airfares.’

McKenzie later clarified that ‘divestiture powers is a tool that the treasurer needs to look at.’

Learn more about : Qantas ( Asia Pecific )

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TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.

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