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Old 15th Jul 2012, 00:01
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parabellum
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Singapore Airlines (SIA) have been trying to get into the Australian market for years, (they could have saved Ansett, in one form or another, had they not been blocked by NZ). SIA have the kind of equipment that QANTAS needs, B777 and A380 but above all they are cash rich with over 14billion dollars in the bank. If it ever got to a bidding war I suspect SIA would pay over the odds just to secure a major interest but I think Australian law prohibits a majority interest?
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