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Old 9th Sep 2012, 09:24
  #932 (permalink)  
Worrals in the wilds
 
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At some point there will be a heart to heart secret talk by the chairmen of both companies about the matters referred to above, followed by Board meetings, followed by the absorbtion of Qantas into Emirates after suitable lobbying to Government. It would be easy to do, with credit markets now dysfunctional with no prospect of improvement (the ratings agencies just downgraded Qantas by the way) the Arabs might like to make an "investment" in Qantas in return for a rather large share issue, thus solving Qantas need for capital for a better fleet. I'm sure such action could be easily sold to the public.
Would it be a bad thing?
We all love our 'Aussie' icons. Such icons as Vegemite (owned by Kraft), Golden Circle (owned by Heinz), Holden (owned by General Motors since 1391, not that Holden fans thank you for mentioning it ), Arnott's (owned by Campbells, the ginger nuts have never been the same since ) ... the list goes on. Arguably, a well run foreign owned Qantas would be in keeping with most of our national 'icons' and at least we'd be spared seeing it flail around dying like a beached whale, which is all the Aussie management seem to have been able to accomplish. A part of me would rather see the Arabs have a crack at it than Singo, Dixon et al. At least they know how to run airlines.
IR? Well, they'll learn. We'll learn. It'll be a learning experience for everyone.
You can’t possible [sic]be a pilot. Your spelling is far too good.
Was that deliberate?

Last edited by Worrals in the wilds; 9th Sep 2012 at 09:28.
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