Article: BUSINESS IN ASIA TODAY - OCT 18, 2001.

Business in Asia on Oct 18, 2001. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:

QANTAS TO BUY 17 NEW PLANES, RAISE US$152 MLN OF EQUITY

SYDNEY - Australian flag carrier Qantas Airways Ltd (ASX:QAN) today said it would purchase 17 new aircraft and raise $A300 million ($US152.76 million) in ordinary equity. The airline said that it would buy 15 new generation, long range, narrow body aircraft and two Dash 8 regional aircraft as part of a comprehensive revamp of its domestic operations. It would also raise A$300 million of equity through a ...

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