AUSTRALIA

New Buyers Sought for Airlines: The government is seeking new buyers for its national carrier Qantas and the domestic line Australian Airlines in the wake of sweeping aviation reforms announced last week. The government last week placed advertisements in major newspapers in a second attempt to attract potential foreign and domestic buyers, indicating that the airlines could be a more attractive investment because of the changes. The revamp of the aviation industry would create a single aviation market with New Zealand by 1994, allowing Qantas to fly domestically and Australian to fly overseas. Qantas would also be allowed to buy into Australian or other domestic airlines, which in turn would be able to consider similar investments in Qantas.