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The board of Qantas Airways is expected to consider a plan next week to create a separate company to own its fleet of more than 200 planes, including a A$23 billion ($25.7 billion) order for up to 115 Boeing 787s, the Australian Financial Review said.
Qantas executives would also present a plan to the airline's directors to spin off its freight unit and frequent flyer loyalty scheme, the newspaper said in an unsourced report yesterday.
The first board meeting since a failed A$11 billion private equity bid for Australia's biggest airline would also consider a possible return of cash to shareholders announced in May, it said.
