Originally Posted by
Capt. On Heat
With the rumours of the loss reported tomorrow sounds even more likely to me. Singapore have been waiting a loonnnggggg time wanting to get proper access to the Aussie market - I read a brief article from an aviation publication a few months ago hinting at this kind of thing which got me wondering.
Another loss coming when Qantas posts another decent profit, share price is depressed (depressing still...) so delist from ASX as minimal private shareholders, Etihad and HNA aren't exactly in a strong position themselves so primed to sell, SQ take control and rebrand Tiger to Scoot to compliment their existing brand. Seems to me it's definitely more possible than bringing back E190s 😆
This rumour about the "so called saviour" SQ buying out VA happens every year and it turns out to be "fake news" everytime. Considering SQ in the last two financial reports had to report VA's losses making a negative impact on SQ group's own profits, I would not be surprised if SQ actually wanted out.
In addition, SQ has a mediocre track record at equity investments. VS, NZ/AN, TT, UK (Vistara) aren't exactly glowing references of being a decent equity owner. DL or NH, while not perfect themselves, are better equity managers.
There's probably a better chance of DL or NH taking over, and that's NOT likely to happen either.