Qantas: Here We Go Again

[nitpicker330]

Here's an idea:---

Cathay Pacific BUY Qantas.

Now there's a good merger for you.

[illusion]

Don't you mean Cathay buy JETSTAR. Qantas is the junior partner in the equation thank you very much.

[nitpicker330]

OK, Cathay BUY the Qantas GROUP including Jetscab.....

[blow.n.gasket]

What, and end up calling the merger 'The good, the bad, and the ugly'?

[GlobalMaster]

Best we not start an argument about who is:- good, bad and/or ugly amongst: CX, BA & QF.

All are legacy airlines and 'together,' may just be able to fend off the Air Asia style competition bearing down on us all.

[Frank Burden]

Someone was telling me that Lion Air which is now the biggest carrier in Indonesia is cashed up and looking for some action down under. Could they be any part of a merger with anyone?

[GlobalMaster]

A Lion and a Tiger in the same cage? Surely not.

Another piece in the Jetstar Asia puzzel? Unlikely.

A Red Herring? Maybe?

Interesting times ahead? Absolutely.

[frangatang]

Please make it BA. then l can come home!

[GlobalMaster]

Qantas Foreign Ownership Changes Shelved, Financial Review Says

Qantas Airways Ltd. foreign ownership law changes have been shelved until after the federal election, the Australian Financial Review reported. Changes to the Qantas Sale Act that may have lifted the cap on foreign ownership, allowing the airline to merge with another carrier, are not on the legislative agenda for May or June, the newspaper reported.'

Bloomberg - 7 May

[stubby jumbo]

$2 Shop

I reckon there are going to be a few bargain priced "airlines" to purchase over the coming year.

*Olympic
*TAP
*Alitalia
*Iberia
*BA

As the French economists are saying, :
"Le Euro est STUFFED!"

Oh well not all bad. I hear there is a glut of Orange paint on the market.

Keep your cheque book handy AJ

Who knows????

JETSTAR EURO

[Going Boeing]

Totally agree Stubby. As well as the Euro being tanked, there is potential for the ongoing volcanic eruptions to cause Europe based airlines a lot of financial grief. It would be smart for QF to wait until everything settles down and then swoop on airlines that would be a "good fit" that can be purchased at a bargain price.