Qantas Accepts Revised Buyout Bid

Qantas Airways has accepted a revised buyout offer from a group led by Macquarie Bank and private equity firm Texas Pacific Group, according to reports Thursday by Reuters and Friday, local time, by various regional publications. The purchase is subject to shareholder approval.

Read more on:

Suggested Articles:

The two airlines say they now expect the aircraft to return to service March 4 and 6, respectively. Here’s the latest.

New aircraft and new flights to the Caribbean lead this week’s air travel news. Here’s what you need to know.

The Department of Homeland Security is looking to move more of the Real ID application process online. Details here.