It seems so - I was expecting the government to reject the increased holding this time around. Qantas lobbied against it arguing that in order to be fair their share register should be opened up also.
That was a short term expectation - regardless they'll be many airline mergers in the years ahead as the industry has to agglomerate to remain profitable. In my opinion neither QAN or VAH will survive this process. Both will merge with bigger operators.
VAH Price at posting:
38.4¢ Sentiment: Buy Disclosure: Held
