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Old 26th Feb 2002, 16:22
  #23 (permalink)  
permFO
 
Join Date: Jul 2001
Location: Australia
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I have to take issue with Kaptin M and his assertion that because Sir Reg was a pilot then pilots know something about business. He was able to build up an airline like a lot of pilots could but in the end he lost it to people who were better at the nasty side of business than he was. There are plenty of examples of pilots with massive debts and large tax bills because they thought they knew how business operates but in the end they were just your average Joe on a large salary. There is going to be much scraping of egg of face come Friday when Ansett is relaunched under majority Australian ownership. I think if the Fat Lady sings it will be for Terry McCranns career as a financial comentator.
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