Qantas could be next in line for Chinese investment - TravelMole


Qantas could be next in line for Chinese investment

Sunday, 15 Jun, 2016 0

Qantas could be next in line for investment from cash-rich Chinese companies, says Credit Suisse Group.

Recent Chinese-led investment in Virgin Australia could spur more acquisition activity in Qantas to gain a foothold on routes linking Australia and China, Credit Suisse analysts said.

There is about 5% of Qantas available to a foreign investor before it reaches the 49% cap on foreign ownership under Australian law.

Credit Suisse analyst Paul Butler cited China Eastern Airlines and China Southern Airlines as the most likely suitors.

The Qantas share price is a ‘compelling strategic and value opportunity,’ for a Chinese carrier, Butler wrote.

Qantas has a strategic alliance with China Eastern on routes to China from Australia and has a codeshare agreement with China Southern.

In the last two weeks both HNA Group and Nanshan Group have invested heavily in rival Virgin Australia and now about a third of Virgin’s stock is Chinese owned.



 

profileimage

Bev

Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.



Most Read

Mark Jaronski of Explore Georgia on FIFA World Cup 2026

Connecting Small Businesses to Global Tourism Markets: Nate Huff of Tourism Exchange

North Carolina’s Resilience: Wit Tuttell on Recovery and Tourism

Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns

James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel

Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination

Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics

Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy

Bubba O’Keefe on Clarksdale’s Vibrant Music Scene

Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee

Craig Ray and the Expansion of the Blues Trail

Presenting Mississippi’s Cultural Trails with Katie Coats
TRAINING & COMPETITION

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari