Have a suspicion as to who it might be, but I won't mention it here! A few things are not really accurate in the submission.
QF have not formally invited SQ for any stake in QF. The word last year in Singapore, and even now from the incoming replacement for Choong, and still in Singapore is that SQ are not interested in a stake in QF, the fantasy of them investing in QF is in Geoff Dixon's head as it's always been.
The STAR meeting in Shanghai last year mentioned a STAR funded and backed member entering the region following the collapse on AN and the predicted trouble with UAL. This only leaves one carrier in the region with the money and ability to use Australia as an expansion platform, as their own hub has out grown itself. This being SQ.
SQ will not start domestic Oz in their own right, it will be via an equity stake in an incumbent. SQ will however expand internationally out of Australia which has been the plan over the last 10 plus years.
SQ have increased flights to NZ out of Singapore using 777's and there is an 17% expansion occuring in Australia over the next 3 months out of Melbourne and Sydney. The probability is the equity in Virgin followed by the buyout of Freedom which would all but cover Australia domestically, and keep the competition people at bay over the Trans Tasman IF the "proposed" merger of QF/AirNZ occurs.
Anyone with SQ experience on this board will echo the fact that SQ do things their own way, they are not bound by timeframes and what others do. They want to run the show themselves and have maximum say over everything they do, which considering that they will be investing big in the region and on aircraft over the next 2 years, who can blame them?
Yes, QF are proposing a behemeth in the region, who could blame them? they are completely within good business sense to do that, however, be aware that if a gauntlet was to be thrown to SQ and their planned expansion plans were threatened to the extent proposed by an upcoming merger, the Singaporeans will show no mercy in negotiations with John Howards men and no mercy in unleashing a standard of service out of Australia that QF can only dream about. the wind has already been put up Dixon insofar as the "spacebeds" in Raffles class and other subtle and not so subtle schedule changes on the SQ network.