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Old 20th Jan 2003, 05:50
  #12 (permalink)  
404 Titan
 
Join Date: May 2002
Location: Asia
Age: 56
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Singapore Airlines have already stated that the void left in the Star Alliance that was created when Ansett collapsed needs to be filled. There are a number of scenarios that SIA have looked at so as to fill that void.

1. Start a new airline from the remnants of Ansett. Difficult now because of terminal space and the cost of starting a new airline.

2. Acquire a part ownership or partnership with Virgin Blue and have them join Star. This maybe not possible due to Virgin Blue’s business model. Also Virgin’s owners may not want to have SIA on board.

3. Acquire a shareholding in Qantas if or when British Airways sells its stake. If SIA were to acquire BA’s shares in QF it would indirectly gain a shareholding in ANZ if QF were to purchase a 22.5% stake in ANZ. Again this may not work because Qantas may want to stay in One World.

4. Purchase a 22.5% stake in ANZ, which is already in Star, and have ANZ team up with VB so that they now can compete head to head with QF and break its dominance of the Australasian market. SIA may not want to go down this road because once bitten twice shy.

At their last press conference, SIA said they are evaluating all options and that they are not ruling anything in or out. Therefore Frank Borman, what you are telling us is your humble opinion and is not based on any hard evidence or facts.
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