Who is going to win the 2013 Federal Election?Federal Election September 7


Who is going to win the 2013 Federal Election?Federal Election...

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batfink
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afromanGT wrote:
The Australian government instigated the sale of a portion of the company to British Airways but the only way any portion of Qantas was government owned was after the amalgamation with Australian Airlines, which they owned. And you can rip on Keating for that, but he also ensured that Qantas would be permanently majority Australian owned.

You seem to be strugling with the difference between being publicly owned (ie listed on the stock exchange) and government owned (ie not listed on the stock exchange).

More fundamental flaws in batfink's comprehension of english.


so in 1993 when keating sold 25% to british airlines what was that?????

1993       The Australian Government sells a 25 per cent share of the airline to British Airways as the first step towards privatisation. Qantas and Australian Airlines are merged under the banner Qantas - 'The Australian Airline' with James Strong, the former chief executive of Australian Airlines at the helm as Qantas Airways Limited’s Chief Executive Officer.


Davis_Patik
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Who is going to win?
It seems remarkable that Labor could even be considered a chance to win, I guess they are some chance, but surely the Coalition have to be favorites.
afromanGT
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so in 1993 when keating sold 25% to british airlines what was that?????

Just because they owned it. The government instigates sales of companies to foreign investment all the time.
batfink
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afromanGT wrote:
Quote:
so in 1993 when keating sold 25% to british airlines what was that?????

Just because they owned it. The government instigates sales of companies to foreign investment all the time.



the government owned shares in QANTAS from around 1947............


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