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Qantas Airways Defers Frequent Flyer IPO
Wednesday September 24, 2008, 9:28 am

Original Announcement: Qantas Defers Frequent Flyer IPO

Qantas Airways reported that as previously announced it has been exploring a minority Initial Public Offering (IPO) of the Qantas Frequent Flyer business. The Board, at a meeting this week, decided that in this period of heightened market volatility, it would be appropriate to defer the IPO. The Board said preparations would continue for a minority IPO in 1H09.

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