Fiji wants its airline back

Friday, 28 Mar, 2012 0

Fiji’s military-controlled government is putting the squeeze on Qantas by attempting to snatch greater control of its national carrier, Air Pacific.

A new law stipulates that Air Pacific will have to be under the ”substantial ownership and effective control” of the government, a Fijian citizen or a corporation which is at least 51% owned by Fijians.

Another stipulation is that at least two-thirds of Air Pacific’s board is Fijian, and that the airline is ”under actual and effective control of Fijian citizens”.

Qantas, which has a 46% stake in Air Pacific, has maintained effective control over the airline through various voting rights and vetoes, including the appointment of the chairman, deputy chairman, annual operating budget, management appointments and ”numerous other key areas of oversight, control and decision-making”.



 

profileimage

Ian Jarrett



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...