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Tuesday, December 21, 2010

Qantas Buys Air Charter Operator


Australian flag carrier Qantas will enter the air charter business after announcing plans to buy Network Aviation. The value of the deal was not disclosed.
Network Aviation was established in 1998, and is based in Perth, Australia, says Qantas spokesman Simon Rushton. The company’s 150 employees fly aircraft to and from mining and resources operators including Xstrata, Sinosteel Midwest, Jabiru Metals, Pilbara Manganese and Woodside Energy. Network Aviation operates a fleet of two 100-seat Fokker 100s and six 30-seat Embraer Brasilias.
Network Aviation will keep its current management, employees and operating structure and become a wholly-owned subsidiary of the Qantas Group after the deal is finalized.

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