Qantas will pay $211 million to acquire TripADeal, the Byron Bay-based travel packages business, in the hope of turbocharged growth and earnings for the airline.
Qantas Loyalty chief executive Andrew Glance said package deals were a $13 billion industry and there was a “heightened degree of appetite within that particular segment”.
Loading...
Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
