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Reply To: ansett

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#749055
greekdude1
Participant

Garry, Air New Zealand is actually one of my favourite airlines, so don’t think I’m just bashing them. The Australian Gov’t may be at fault, but so is NZ. Why didn’t they allow SIA to increase their stake in them from 25% to I believe 35-40%? That would have been, at the time, much needed cashflow. Why wouldn’t you want to sell an additional stake in a valuable alliance partner? So they could instead, buy back virtually every share SIA had, and sell of almost 90% to the New Zealand gov’t? And now, better yet, they want to sell a similar stake they had with Singapore, to their rival carrier. That makes no sense whatsoever. I guess it’s better for QANTAS to own a 35-40% share, than it was for SIA. I hope for everybody’s sake involved, that QF is not allowed to take a stake in NZ.