disposal

Qantas Strikes Freight Company Deal with Australia Post


Australian airline carrier, Qantas (ASX:QAN) have sold its 50 percent shareholding of StarTrack Express to Australia Post.

  • Qantas will receive $408 million from selling its 50 percent stake in road freight business, Star Track Express to Australia Post.
  • Previously, Qantas and Australia Post owned 50 percent each of both Star Track Express and Australian Air Express.
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