Australian competition regulators delay Qantas' charter operator deal

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Australian competition regulators delay Qantas' charter operator deal

The country's competition regulators have delayed the acquisition of the charter operator by Qantas Airways Ltd, according to a report by the country's competition regulators on Monday.

The Australian Competition Consumer Commission has delayed its decision until April 20, marking the fourth delay on the carrier's A $610.8 million $409.97 million buy of Alliance Aviation Services.

In May last year, Qantas said it would buy the remaining 80% stake in Alliance Aviation Services in an all-stock deal to expand its footprint in the charter business.

ACCC said in August that the proposed acquisition will likely lessen competition for air transportation services to and from regional and remote areas in Queensland and Western Australia for corporate customers.

ACCC and Qantas didn't respond immediately to Reuters' requests for comment.