Qantas Airways Opts Not to Sell Frequent Flyer Program
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Despite several months of speculation centered on a sale, or at least partial sale, of the Qantas Airways Frequent Flyer program, CEO Alan Joyce said during the company’s full-year financial results conference call on Wednesday that the airline will not sell any part of the successful program. “We also considered the partial sale of Qantas Loyalty,” Joyce said. “Due to the strong support of our customers and partners, Qantas Loyalty is a standout business, achieving a new record result for the year with double-digit....

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