PPRuNe Forums - View Single Post - Air New Zealand to follow Ansett
View Single Post
Old 15th Sep 2001, 14:26
  #50 (permalink)  
RedUnderTheBed
 
Join Date: Aug 2001
Location: Around & About
Posts: 132
Likes: 0
Received 0 Likes on 0 Posts
Post

Azzie, Henry Crun & Timber
Thanks for injecting sanity into this thread.
Timber - I new you had it in you from your previous post. Welcome to Az & Henry.
I have an awful feeling that when the Oz Securities Commission delivers its findings there may be a deafening silence from the their side of the ditch.
Nobody disputes the ego driven stupidity of the Air NZ board paying what it did for Ansett. I still think strategically it was the right move. Air NZ has to be in the biggest market in the region.

Out of interest; both Eddington (1 day) & McRae (2 weeks) went very soon after the deal was done. What did they know and when did they know it? McRae's body language when Selwyn & Lachlan were declaring the 'Win/Win' on TV was fascinating!!

RedUnderTheBed is offline