At least a portion of the Qantas frequent flyer loyalty program could be for sale, according to a published report.
According to an article in Australian Business Traveller, as much as 49% of the Qantas frequent flyer program could be sold for between $1.3 billion and $1.6 billion.
Macquarie and Citigroup are believed to be interested in managing the float of the lucrative loyalty program, which registered a record $1.2 billion in billings during the 2013 financial year and contributed $260 million (before interest and tax) to Qantas....