PPRuNe Forums

PPRuNe Forums (https://www.pprune.org/)
-   Australia, New Zealand & the Pacific (https://www.pprune.org/australia-new-zealand-pacific-90/)
-   -   Her MAJ is gone ... long live the staff! (https://www.pprune.org/australia-new-zealand-pacific/276321-her-maj-gone-long-live-staff.html)

Ex QF 24th May 2007 03:26

And less than a week after Dixon and his management team confirmed that they would stay on, you poor buggers find that:
"airline's current dream run could continue for another 18 months, thanks to record passenger demand, strong Australian economy and strong forward bookings."
So Dixon has resurrected his plans for a possible demerger of his Jetstar operations and sale of his frequent flyer program, three weeks after the collapse of the $11.1 billion takeover attempt by Airline Partners Australia.
And this is after the Jackson said sell, Dixon said sell - or the shares will more than halve - today they were trading at a record high of $5.51 at 12.25pm today.
This is 6c higher than the failed $5.45 offer made by the Macquarie-led Airline Partners Australia consortium. APA had warned Qantas shares would crash if its bid failed.
And you poor buggers are led by those two!!!
SMH Today

Lodown 24th May 2007 03:43

Based on the share price now, it makes a person wonder how much concern Dixon and Jackson actually held for the shareholder prior to the APA buyout attempt. Snort! Snort!

Mr Seatback 2 24th May 2007 03:45

What's with the fluffy language 'de-merger'...surely they mean BREAK-UP!?

You can't de-merge from something that was already part of the group to begin with...all Jetstar had was a different lick of paint and some extra planes.

excellr8 24th May 2007 03:52

This has got to be the biggest attempted heist in Australia's corperate history. Surely some form of insider trading issue exists here. Clearly the share holders where NOT told the whole truth not even half of it. Their (Qantas) 'best' analysis said the shares would drop considerably. As of a few min ago a share price of $5.53 and not looking as though it was approaching TOC. I hope the board and Dixon answer why they should not exit on the horse they road in on at the AGM. They should really be the subject of a criminal investigation into why they deliberately misled share holders.

barrheadboy 24th May 2007 05:32

i would like to contact mr borgetti regarding the frequent flyer program before i spend a lot of money next week on a ticket i am someone who has flown with qantas for the last 35 years but i am starting to get a bit concerned about this group of managers and board members that have been running the company for the last few years and reading the news paper reports since the failed take over i don,t think that they are above board so if any one can give me some advice on how to contact him it would be appriciated then i can use up all my points before they sell it thanks bb


All times are GMT. The time now is 21:43.


Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.