Air New Zealand Bail Out
Thread Starter
Air New Zealand Bail Out
Interesting time line of events, parties/politics involved and the Ansett connection.
http://www.nzherald.co.nz/nz/news/ar...bjectid=220727
Is there any room for further debate?
http://www.nzherald.co.nz/nz/news/ar...bjectid=220727
Is there any room for further debate?
Thread Starter
Sorry wasn't counting the years cos I'm not hyper sensitive. Merely posing the question based upon (today's)nz herald's article regarding the top 10 business stories of the last decade.
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Oh for Petes sake..Air NZ did NOT screw Ansett..Ansett screwed AirNZ and AirNZ thus needed a bailout from the NZ Govt. to survive.
Skystar..never let the facts get in the way of a good bitter recrimination!
Skystar..never let the facts get in the way of a good bitter recrimination!
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What question?
I don't think there's too many questions that can be asked regarding the Ansett debacle. Most of the questions I can think of are answered in the Herald article you linked to.
The Ansett debate has been done to death.
I think Ansett is a bit of a sore spot for some people - people like to suggest that Air NZ could never get involved in Australia because of memories of Ansett.
And skystar... whose fleet was the messy inefficient one? Which airline was overstaffed with uncontrollable expenses? As far as I know, Air NZ was fairly stable prior to the AN takeover. Air NZ were hardly blameless, but it wasn't all their fault either.
I don't think there's too many questions that can be asked regarding the Ansett debacle. Most of the questions I can think of are answered in the Herald article you linked to.
The Ansett debate has been done to death.
I think Ansett is a bit of a sore spot for some people - people like to suggest that Air NZ could never get involved in Australia because of memories of Ansett.
And skystar... whose fleet was the messy inefficient one? Which airline was overstaffed with uncontrollable expenses? As far as I know, Air NZ was fairly stable prior to the AN takeover. Air NZ were hardly blameless, but it wasn't all their fault either.
Last edited by Q300; 11th Feb 2009 at 02:11.
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Hmmm some-what old news but interesting reading never the less.
Many of those dot-points (facts) just dont fit with how the Ozzy's choose to recollect events... so expect an abrasive response .... its the Ozzy way.......
This matter has been done to death... I predict this thread wont last long.
Many of those dot-points (facts) just dont fit with how the Ozzy's choose to recollect events... so expect an abrasive response .... its the Ozzy way.......
This matter has been done to death... I predict this thread wont last long.
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Oh for Petes sake..Air NZ did NOT screw Ansett..Ansett screwed AirNZ and AirNZ thus needed a bailout from the NZ Govt. to survive.
I believe it's a moot point to any longer point blame at Air NZ or it's staff. Those responsible at NZ behind Ansett's final nail in the coffin are long gone, (I'm sure we all know who they are, and it's not worth getting into) - Air NZ has re-built themselves out the ashes into a good company with a strong CEO - Rob Fyfe, at the helm, and personally - I wouldnt wish any other airline crew or staff to go through what the team at Ansett did.
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Well put AN Flyer. personally I felt sick to the pit of my stomach the day Ansett folded and staff over the Tasman were left without jobs. I was ashamed of the Brierley fools who were running Air NZ at the time and pleased when their control of our company ended. None of those idiots are here now, they have been replaced, on the whole, with a management team with which I place a great deal of trust in, particularly our CEO. To blame the average Air NZ employee or hate Air NZ for wrongs done by another corporation (Brierleys) is just not rational.........but I suppose thats aviation for you.
Last edited by fourholes; 10th Feb 2009 at 14:59.
Due diligence?
I would have thought that 50% ownership from 1996 would have provided 50% board representation and full access to all financials.
Who was not telling the truth?
I think Eddington may have been the smartest man in the room.
I would have thought that 50% ownership from 1996 would have provided 50% board representation and full access to all financials.
Who was not telling the truth?
I think Eddington may have been the smartest man in the room.
Mattyj....You Sir, are a inconsiderate fool.
No matter who you are, you don't yell at 16,000 poor innocent individuals who lost their collective jobs and shout " its all your fault and not ours."
We all know ANZ employees were just as innocent, but we all know they kept their jobs. So don't blame ex Ansett employees for still feeling like they were mistreated because they were.
To all the Kiwis out there who under the mind numbing disbelief that this has something to do with AUS/NZ riverly,I don't know what to tell you, if you are that little minded you are beyond help.
This is and all ways will be about 16000 people having their lives turned upside down, just be thank full ANZ stayed afloat and you didn't have to go through it.
No matter who you are, you don't yell at 16,000 poor innocent individuals who lost their collective jobs and shout " its all your fault and not ours."
We all know ANZ employees were just as innocent, but we all know they kept their jobs. So don't blame ex Ansett employees for still feeling like they were mistreated because they were.
To all the Kiwis out there who under the mind numbing disbelief that this has something to do with AUS/NZ riverly,I don't know what to tell you, if you are that little minded you are beyond help.
This is and all ways will be about 16000 people having their lives turned upside down, just be thank full ANZ stayed afloat and you didn't have to go through it.
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Now that there's a bit of water gone under the bridge I can tell this story about one of my former neighbours with heaps of letters behind his name, who worked under contract at the highest echelons of Air NZ.
I was invited to have a few beers with him before he departed to MEL to what he called "empty out Ansett's head offices". (Plural)
I said "I'm only a pilot but even I know Ansett's worth f*** all".
He told me "we're going to make billions".
Which just goes to show that university degrees are worth next to nothing.
I was invited to have a few beers with him before he departed to MEL to what he called "empty out Ansett's head offices". (Plural)
I said "I'm only a pilot but even I know Ansett's worth f*** all".
He told me "we're going to make billions".
Which just goes to show that university degrees are worth next to nothing.
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The truth of this story is the whole deal on both sides of the Tasman was rotten and doomed to failure on every conceivable level. Its a shame the "rank and file" staff are left squabbiling over conjecture ....while the villians have all fled, Im sure the real story is some-what diff than how we see it
Air NZ problems started a long time before ANSETT came on the scene (around 20 years ago now) and the staff suffered under dubious owners.
Thankfully things are a lot diff now
In my opinion the Singaporeans have a lot more to answer for than history will show.
Air NZ problems started a long time before ANSETT came on the scene (around 20 years ago now) and the staff suffered under dubious owners.
Thankfully things are a lot diff now
In my opinion the Singaporeans have a lot more to answer for than history will show.
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Not all job loses were in Oz
My parents lost a fairly lucrative catering gig in the regions of NZ in the fallout of the ANZ/AN debacle. Tried to explain this to an ex AN capt when doing JAR ATPLs a few yrs back at Gatwick. Basically, as soon as they identified me as a K1W1, they muttered "w$#ker", and wondered off. S*%t happens, move on, 'nuff said.
p.s. For those in the know, we had the best custard squares in the world
p.s. For those in the know, we had the best custard squares in the world
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A hypothetical question. Where would Ansett be today if Air New Zealand hadn't become involved?