Qantas has confirmed the purchase of a charter airline to expand its coverage in Western Australia.
Qantas has confirmed the purchase of a charter airline to expand its coverage in Western Australia.The acquisition of Network Aviation for $30 million means that it will be able to offer flights to more remote areas of the country.
Chief executive Alan Joyce explained that the airline initially plans to increase Network Aviation’s fleet with the additional of two more 100-seat Fokker 100 aircraft.
“This is very much a strategic acquisition and an exciting growth opportunity for Qantas,” said Mr Joyce.
He added that Network Airlines is likely to retain its current management team and structure but will be a wholly owned subsidiary.
Network Airlines operates from Perth airport and flies to a number of destinations in Western Australian including the Goldfields region.
Written by Ruth Norris.