Media reports across Australia say that today is going to be a very big day for Qantas with the Board meeting to discuss and decide the future of the Company.
Acting in the wake of the aborted sale of Qantas to the Macquarie led consortium earlier this year, industry analysts are confident that the result of today’s meetings will be that Qantas will be split into four divisions, namely Qantas Frequent Flyer, Qantas Fleet, Qantas Operations and Qantas Freight.
Although denied by Qantas up to last Saturday, Qantas have already confirmed that The Qantas Frequent Flyer programme will be hived off and potentially floated on the stock market, which will be done so in some sort of deal or partnership with Canada based frequent flyer programme operator Aeroplan.
Aeroplan has made Air Canada’s frequent flyer programme undoubtedly the best in Canada if not in North America, with the programme now a $C4b business.
Aeroplan’s vision for Qantas will be to make it easier to redeem points on any flight and also a wide range of other products including restaurants – check out: www.aeroplan.com
The impact of the changes across the company will not only be potentially far reaching on customers and the trade, but also on Qantas staff who potentially will be divided up between the companies, with Qantas staff moral currently at an all time low.
Watch this space today for breaking news.
Report by The Mole
