Qantas Takes Majority Stake in Travel Agency Ahead of Package Vacation Boom
Skift Take
No one wants to miss out on a deal this summer, and that applies to mergers and acquisitions too, it seems.
Qantas has bought a 51 percent stake in Australian online travel agency TripADeal, ready to take advantage of a bookings surge as residents gear up for their first overseas vacation is more than two years.
The terms of deal weren’t disclosed, but the agreement allows Qantas to acquire the remaining 49 percent in four years, at
