B772 - AN were using ex SQ B747-400's for some of their International services at the time of their collapse. The ex SQ B747-300's had been returned to SQ for some time.
No arguement from me there!
My previous post was circa 1999.
Ansett had taken delivery of the 3 * B747-300 in 1994.
In 1999 while still operating the leased B747-300 from SQ, employees at AN saw the "White Knight" Singaporeans as an opportunity to take the business forward. AN where reducucing costs via the Business recovery program, had an interim profit 98/99 of A$61.6M & 99/00 was looking promising finacially.
Asia Times: News Corp. grounds Singapore Airlines' Ansett deal
In 99 the 747-300 where returning to SQ & replaced by 747-400 which were operating at the time of the collapse in 2001.
Reading comments such as the following, is somewhat akin to deja' vous.
.....hoping that someone like a sovereign wealth fund would take notice of their great idea. Hope the dice will roll for them. Before you write
VB off '' insolvent '' just as yet, and consider the basics,
VB have a market share, a brand, a network and positive cash flow. What would prevent SQ from buying
VB? That's another debate. But if they did, they can make
VB a direct competitor to QF by making
VB a proper carrier and
VB can offer the same service at a lower cost base.
MC