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Qantas to fight regulator over cancelled flights tickets sale case

Qantas said the Australian Competition and Consumer Commission's (ACCC) case, which accuses it of selling the tickets for flights for more than 48 hours after they were cancelled, does not constitute "fee for no service". "We acknowledge there were delays ... but crucially, it does not equate to Qantas obtaining a 'fee for no service' because customers were reaccommodated on other flights as close as possible to their original time or offered a full refund," t...
Sameer Manekar Consumer Commission Qantas Airways Ltd On Australian Stock Exchange Qantas Airways Ltd Australian Competition
Source: yahoo.com

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Macquarie fund to invest in US fiber internet provider SwyftFiber

Macquarie did not disclose the financial details of the deal, but a person familiar with the matter told Reuters that the asset manager was committing to make a $275 million investment. The proposed investment will allow SwyftFiber to speed up the construction of fiber infrastructure in existing and new markets, Macquarie said in a statement.
United States Sameer Manekar Archishma Iyer Subhranshu Sahu Australia Macquarie Group Macquarie Group
Source: aol.com

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