QAN 0.53% $5.73 qantas airways limited

under alot of pressure

  1. 152 Posts.
    QAN Under alot of Pressure...$3.2 might not hold.

    " Australia is expected to agree to a partial liberalisation of competition on air routes with Singapore Airlines. Singapore Airlines wants a complete liberalisation agreement on routes between Australia and the US. Australian airline, Qantas, has lobbied the Australian Government against the agreement. Qantas feels that it would be disadvantaged by full competition and has asked the Government for protection on the US routes. The Australian Government is committed to the liberalisation of aviation arrangements.

    Any thoughts?
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