Commonwealth Bank and Qantas

News just in

It has been reported that the Commonwealth Bank has increased its stake in Australia's largest airline Qantas.

Back in January the Commonwealth bank held just over 3.7% of Qantas Airlines shares, but its now reported the CBA has spet a further $660 Million and now holds the position of Qantas major shareholder. Commbank now boasts a 7.69% shareholding in the airline.

Well done Commonwealth Bank!