Hi GT, just a couple to refresh your memory....
Qantas wants the government to ease the Qantas Sale Act to allow foreign ownership to exceed 49 per cent. Analysts says that will push the share price from Friday's close of $4.60, to $6.50.
Mon "Melbourne Age"
High-flyer has Qantas staying alive
By Geoff Thomas
July 1 2002
Qantas raised the money and their share price has fallen to $4.37 !
Kiwis to buy slice of Virgin Blue
By Geoffrey Thomas
The deal would be done after the New Zealand Government decided between rival rescue bids for the NZ airline from Singapore Airlines and Qantas.
News of the Virgin Blue plan coincided with NZ Prime Minister Ms Helen Clark ruling out any Government rescue for Air NZ.
Not only did Air NZ NOT buy into Virgin Blue but the New Zealand government (Headed by MS Helen Clark) did in fact rescue Air NZ!
Singapore Airlines will be operating on Australian domestic routes within nine months, according to one of Australia's leading analysts.
This last one was on Peter Harbison's account but you still reported it. I'll bet you a carton of Swan Lager stubbies this doesn't happen either.
Cheers Geoff.