Tiger launch unlikely to change Qantas’ acceptance of APA offer.
With Qantas expected to release its formal response to the APA bid to purchase the airline, it is thought that the significant shift in the aviation competitive environment, by the introduction of Tiger Airways is highly unlikely to change the Board’s recommendation that the $5.60 per share offered by the APA is fair.
At the same time Qantas has reported a half year profit of over $358 million and indicated a 30 to 40% potential improvement in its full year results, mainly as a result of strengthening demand and sliding oil price.
As a result, the Qantas board has recently been under pressure to explain its decision to back the APA, with some aviation analysts speculating that APA might have to raise its bid, although the consortium has clearly declared the $5.60 per share offer final.
The announcement by Tiger last week, to enter the Australian market is considered by some to be an attempt by Singapore Airlines to destabilise the Qantas bid, the announcement reportedly surprising APA, who will clearly have to take Tiger and the potential of a fare war with fares as low as $10 into account.
At the same time, Peter Costello is also under increasing pressure to ensure that APA remains located in Australia and under Australian control, with the shock announcement that Jetstar is not covered by the review or the Qantas Act which limits the ownership and operation location of Qantas only.
Report by The Mole
John Alwyn-Jones
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
ADS PRO 
Turkish tourism stalls due to soaring prices for accommodation and food
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt
Qatar Airways offers flexible payment options for European travellers