PPRuNe Forums - View Single Post - Lew And Fox What Is Their Game? (Business Sunday)
Old 17th Feb 2002, 13:46
  #16 (permalink)  
Whiskery
 
Join Date: Dec 1999
Location: Metung RSL or Collingwood Social Club on weekends!
Posts: 645
Likes: 0
Received 0 Likes on 0 Posts
Thumbs down

What have Fox & Lew done to show they are really interested in buying Ansett? [apart from no money up front]

They have a MOU with Airbus for 30 aircraft - so what? [no money up front]

They have an agreement "in principle" for terminal space in Sydney - so what? [no money up front]

They were given the all clear to purchase the airline on the 1st February - nothing has happened. [no money up front]

Do Fox & Lew really want Ansett or did they back the wrong horse in the federal election? You see, nothing so far has indicated to me, that they want to spend one single $ of their own money to get Ansett back in the air.

I think the reality has also hit home that they will not receive any credit when operations start. It will be a cash only basis and who can blame new ceditors? Refuelling,catering,cleaning services will ALL require cash up front. BIG ask for a fledgling airline in it's early days. Mind you, they did it to Compass,[much money up front] so welcome aboard FLEW !

Finally, after bearing his ass in a symbolic gesture as to what Ansett was going to do to Virgin - Fox now has to eat humble pie, as he grovels to Sir Richard to help them get started!. .It ain't gonna happen.

Everything ,thus far, has been done with mirrors and a bit of very poor car salesmen rhetoric from the two Marks and the help from a couple of union stooges! I can't see them getting up IMHO! [without some money up front!]

[ 17 February 2002: Message edited by: Whiskery ]</p>
Whiskery is offline