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Qantas 'must stay Australian owned'

Updated on 03 December 2008

Source PA News

A merger of Qantas and British Airways must involve control of the "Flying Kangaroo" remaining in Australia, officials in the country insisted.

Qantas shares surged on hopes a deal would see it emerge a stronger competitor to big regional rivals like Singapore Airlines.

Australian government and union officials greeted with caution news of talks between BA and Qantas Airways - dubbed the Flying Kangaroo because of its bright red logo depicting the hopping marsupial that is indigenous to Australia.

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