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Old 28th Oct 2011, 13:29
  #42 (permalink)  
LeadSled
 
Join Date: Jul 2001
Location: Australia
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1a sound asleep,

Be clear, it is not a "buy in", it is a Government directed transfer of control, including apparently, management control of Jetstar Pacific to Vietnam Airlines.

Just how does Qantas losing all control of Jetstar Pacific to Vietnam Airlines, which is closely associated with Qantas major competitors (have a close look at Vietnam Airlines code shares, and which alliance they have ambitions of joining --- and it's not OneWorld) and tell me how that is going to benefit QF and its Asia strategy --- and show any return for the long suffering QF shareholders.

It seems to me that the practical reality is that QF have blown the investment.

Tootle pip!!
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