Originally Posted by
southpac
Fiji Airways is not a subsidiary (46% ownership means a minority shareholder - don't think Qantas gets much say)
Well, not any more. But they are entitled to hold 46% of board positions.
In 2012, Qantas withdrew its four board representatives after the military-controlled government, which has a 51 per cent stake in the airline then named Air Pacific, made clear its intention to take ‘‘absolute control’’