Dixon ditches Qantas stake


Mr Dixon, along with other investors have reportedly sold their stake in Qantas.

Dissident Qantas shareholder and former Qantas chief executive Geoff Dixon, along with a group of fellow agitators/investors have reportedly quietly sold their stake in the airline this month, netting some AU$18 million.

According to The Australian Financial Review, Mr Dixon and his compatriots sold their 1.5 percent chunk in the airline’s shares on 22 January 2013.

The sale has some pundits wondering if current Qantas head Alan Joyce will now renew his airline’s relationship with Tourism Australia.

In November, Mr Joyce cut ties with the Australian tourism body over concerns that Mr Dixon, also Tourism Australia’s chairman, was out to sabotage the carrier.

According to Mr Joyce, Mr Dixon was not acting impartially as a government-appointed chairman and was instead behaving in a manner that revealed an eagerness to see current Qantas management removed.
Source = e-Travel Blackboard: N.J
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