Originally Posted by
Chris2303
If Air NZ try and buy VA, they will kiss goodbye to the $900M from the NZ Government. They have enough problems keeping themselves afloat without giving the lifejackets to a foreign operator with whom they fell out in spectacular fashion in October last year
Also not the first time the NZ government has loaned and/or bailed out Air New Zealand.
The first time the NZ government bailed out Air NZ was during the incompetent and ego-riddled Ansett 'adventure' after AN filed voluntary administration. Many egos in the-then NZ management at the time.
The current management of NZ doesn't seem that stupid to follow the mistakes of their predecessors which were involved in the Ansett and Virgin stakes.