Govt still analyzing Qantas proposal
Qantas has already announced that it is planning to divest its shares in Air Pacific after it started off it's own budget airline, Jetstar.
Qantas has 47 percent shares in Air Pacific while the Fiji government owns 51 percent of the shares in the airline company.
Civil Aviation Minister, Aiyaz Sayed-Khaiyum said talks are underway in relation to the proposal by Qantas.
Sayed-Khaiyum said the current setup sees Qantas having veto powers in relation to a number of issues and people need to clearly understand this.
Last week, Sayed-Khaiyum had announced that proper rationalisation processes and restructuring will be carried out at Air Pacific to ensure that the airline continues to remain competitive.
Story by: Vijay Narayan
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