Qantas Airways Limited (ASX:QAN) has advised its foreign ownership level hit 44.7 per cent at the end of August.
Australia’s biggest airline says the level has increased from 43.7 per cent at the end of July.
The maximum level of foreign relevant interest allowed in the company is 49 per cent.
Qantas is obliged to inform the market if the level of foreign ownership changes by more than 1 per cent or if the levels equals or exceeds 44 per cent.
Today’s announcement comes after the airline last month revealed it had widened its annual net loss on the back of major write-downs.
Qantas Airways extended its net loss to $2.8 billion in the full 2014 financial year.
