History repeats itself!
Join Date: Mar 2008
Location: NZ
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Maybe when the Aus govt honors open skies so Air NZ can have a shot at domestic Austrailian flights then history wouldn't need to repeat itself. NZ is at the end of a long supply chain when it comes to getting people into the country and the long term effect of Aus airlines having a seamless operation in both countries while NZ airlines cannot can only be bad for Air NZ. So they are taking one of the few options they can and cementing a long term relationship by buying a stake in V Aus. How can you blame them for that?
Every time I go to work I have a chuckle to myself when I look at the big billboard adjacent to the Stanford hotel at Sydney Domestic.
Seems like only yesterday that the last Aussie airline to get into bed with this lot ended up by throwing 17,000 people out of work. Would've been more of course if the Kiwi govt of the day hadn't come to Air Newzealand's rescue.
Seems like only yesterday that the last Aussie airline to get into bed with this lot ended up by throwing 17,000 people out of work. Would've been more of course if the Kiwi govt of the day hadn't come to Air Newzealand's rescue.
From todays announcement to the stock exchange.
Prior to entering into the equity derivative arrangement, Air New Zealand
received Australian Foreign Investment Review Board approval to purchase up
to 19.99 percent of Virgin Australia.
Air New Zealand Chief Executive Officer Rob Fyfe says there is no intention
to make a takeover bid for Virgin Australia, something he confirmed to the
Australian airline's Chief Executive, John Borghetti, in a telephone call
today.
Prior to entering into the equity derivative arrangement, Air New Zealand
received Australian Foreign Investment Review Board approval to purchase up
to 19.99 percent of Virgin Australia.
Air New Zealand Chief Executive Officer Rob Fyfe says there is no intention
to make a takeover bid for Virgin Australia, something he confirmed to the
Australian airline's Chief Executive, John Borghetti, in a telephone call
today.
Join Date: Jul 2010
Location: rangaville
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mmmmmmmm, Rob Fyfe & John Borghetti.
or
Joyce & Buchannan
I would trust Air New Zealand & Virgin Australia before I'd trust Qantas.
(and if my attitude is representative of the mood amongst the punters, Qantas is in deeper **** than they ever thought possible, that's assuming that Qantas management wasn't in denial)
or
Joyce & Buchannan
I would trust Air New Zealand & Virgin Australia before I'd trust Qantas.
(and if my attitude is representative of the mood amongst the punters, Qantas is in deeper **** than they ever thought possible, that's assuming that Qantas management wasn't in denial)
is AirNZ still govt owned or was the bail out just a loan/whatever?
It appears that Virgin Australia and Air New Zealand are positioning themselves rather nicely for the eventual self destruction of QANTAS.
I guess the failure of QANTAS will be the fault of New Zealand, along with everything else that seems to be going wrong with Australia at the moment.
I guess the failure of QANTAS will be the fault of New Zealand, along with everything else that seems to be going wrong with Australia at the moment.
Join Date: Aug 2007
Location: australia
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Not sure that I look forward to the destruction of QANTAS, but I sure would like to see the end of this Executive team and the Board.
Maybe they can just beat them around a lot and then salvage the good parts with the staff and kill off Jetstar for the sham that it is.
I know I am dreaming again.
Maybe they can just beat them around a lot and then salvage the good parts with the staff and kill off Jetstar for the sham that it is.
I know I am dreaming again.
It appears that Virgin Australia and Air New Zealand are positioning themselves rather nicely for the eventual self destruction of QANTAS.
Please remind me, which Australian airline lobbied the government of the day to deny SQ AUS-USA rights?
It's about to come back to bite them on the bum big time.
Maybe when the Aus govt honors open skies so Air NZ can have a shot at domestic Austrailian flights then history wouldn't need to repeat itself. NZ is at the end of a long supply chain when it comes to getting people into the country and the long term effect of Aus airlines having a seamless operation in both countries while NZ airlines cannot can only be bad for Air NZ. So they are taking one of the few options they can and cementing a long term relationship by buying a stake in V Aus. How can you blame them for that?
Open skies has been one way traffic right since the start, perhaps the New Zealand Govt should do to Aussie airlines what the Aussie Govt did all those years ago to Air NZ. Tell them to f**k off.
Join Date: Jun 2007
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OK, I'll bite. What's actually stopping ANZ, or indeed anyone else from setting up domestically in OZ? Or are Tiger the only ones with the balls to give it a try?
Join Date: Jul 2008
Location: south pacific vagrant
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The amount of money reqd to achieve a relevant market share for some sort of chance of return. Thats what.
SQ hasnt achieved it with Tiger yet, what makes you think AirNZ can afford it?
SQ hasnt achieved it with Tiger yet, what makes you think AirNZ can afford it?
Join Date: Aug 2011
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Perhaps the dynamics have changed.
Tiger faced two strong competitors, so the opportunities have now changed significantly with the future looking somewhat different for one of them.Never for a moment do the Singaporeans play a short term game.
It is all about positioning for the time that it will count, so unless Sir Ralph is coming on Board, there is a possibility that isn't too far away.
Tiger faced two strong competitors, so the opportunities have now changed significantly with the future looking somewhat different for one of them.Never for a moment do the Singaporeans play a short term game.
It is all about positioning for the time that it will count, so unless Sir Ralph is coming on Board, there is a possibility that isn't too far away.
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Originally Posted by Porch
OK, I'll bite. What's actually stopping ANZ, or indeed anyone else from setting up domestically in OZ? Or are Tiger the only ones with the balls to give it a try?
Why aren't they jumping in to do it - because it will fail.
Australia is a terrible country to start an airline. Small population, large continent and all the flying is primarily linear East-Coast movements into major "costly" airports as there are no "regional" airport to operate too unlike in the U.S. or Europe...