Facts are facts, even if the Mark Westfield works for the Murdoch
Unfortunately AirNZ got in way above its head and this is a direct result of Brierley Investments trying to save their own skin ahead of what was good for AirNZ.The common directors of the two companies have a lot to answer for. Ultimately they may have to.
Far from wishing the demise of AirNZ, it would be obvious to blind Freddie that neither SIA, Brierley or the NZ Govt are going like what they see once due didligence is done and potential liabilities stemming from Ansett are fully understood.
In addition AirNZ stands to lose a substantial amount fo traffic ex Australia and across the Pacific as a result of reduced travel to and from the USA in the short term.Cash flow will dry up almost instantly.
If AirNZ survives it will cost the NZ taxpayers dearly.
FWIW