Well this is just the manifestation of SQ's attempt of several years ago to enter the Australian domestic market.
They then through their board members at NZ tried and succeeded in collapsing Ansett as that was the cheapest option. They knew NZ did not have a hope of carryibng the ball.
The top 3 levels of management of Ansett had to be removed and paying them out was not an option.
Sing Air would not lose face, and could ride in like the White Knight and rebirth the floundering carrier.
Small prroblem occurred 24 odd hours before this when ragheads flew aeroplanes into buildings - Global panic - so the gentle Singapeurans pulled their heads in.
The great shame is that it did not keep Ansett alive by rebirthing it as was intended.
Our lives would all be a lot simpler if it had done so.
Best all
EWL