Monday, September 9, 2024

Qantas Rejects Calls to Sell Jetstar Amid Political Pressure

In response to mounting political pressure, Qantas has firmly rejected the calls from Nationals Senator Bridget McKenzie for the government to have the authority to force the airline to divest its low-cost carrier, Jetstar. Senator McKenzie argued that selling Jetstar would ensure greater competition in the Australian aviation market. However, Qantas remains steadfast in its commitment to retaining its budget airline subsidiary, citing the essential role Jetstar plays in offering affordable travel options for Australians.

Qantas CEO Alan Joyce defended the airline’s stance, emphasizing that Jetstar’s success is integral to the Qantas Group's broader business strategy. The airline insists that any forced divestment could harm competition and affect the availability of low-cost flights for consumers.


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