Qantas considers de-merger under capital review

SYDNEY, May 24 (Reuters) Australia's Qantas Airways Ltd. said on Thursday it was considering a de-merger, share buyback and its dividend policy as part of a capital management review.

Qantas listed the alternatives in a series of slides ahead of an investor presentation but did not give further details.

It also listed growth and acquisitions and said it was considering a small freight acquisition. The airline said the current operating environment was favourable.

A A billion ( billion) bid by a consortium including Macquarie Bank Ltd. for Qantas collapsed earlier this month after failing to get enough shareholder acceptances.

REUTERS SZ PM0555