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AAP
AAP
Derek Rose

Qantas gives up on acquiring Alliance Aviation

Alliance Aviation will still operate QantasLink planes despite a takeover by Qantas falling through. (Dean Lewins/AAP PHOTOS)

Qantas has given up on its efforts to acquire charter operator Alliance Aviation, six months after the deal was formally opposed by the competition regulator.

Qantas said the two airlines believed the acquisition would have created customer value without lessening competition but both companies acknowledged there was no reasonable path forward for the deal at present.

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