It must be the weekend hangover but A$500 million for less than a quarter of Air NZ?!?!?!.
That seems to be far, far too much money for a company with old jets, a board that has a chip on it's shoulder and a balance sheet just in the black.
Also; Isn't the socialist NZ government still a majority shareholder?.
Where do you think their alliance will be if there is any 're-structuring'. The NZ worker or the NZ taxpayer?.
Can someone smarter than me post; - where QF are winning in this deal.