Air New Zealand to follow Ansett
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Air New Zealand to follow Ansett
Air New Zealand may well face the same fate as Ansett in the near future.
Unaudited accounts, Directors resigning from Ansett boards on the 24th August, gearing ratios off the planet, loss of trans tasman feeder traffic, loss of revenue over the pacific because of the tragic events of last Tuesday in the US.
This does not of course include the almost certain legal action that Air NZ will now face from very cashed up unions around Australia.
Even the Australian government is talking about aggressive follow up of employee's entitlements.
Interesting times.
Unaudited accounts, Directors resigning from Ansett boards on the 24th August, gearing ratios off the planet, loss of trans tasman feeder traffic, loss of revenue over the pacific because of the tragic events of last Tuesday in the US.
This does not of course include the almost certain legal action that Air NZ will now face from very cashed up unions around Australia.
Even the Australian government is talking about aggressive follow up of employee's entitlements.
Interesting times.
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I have always been under the impression, one had virtually to be a graduate of NASA to even get an interview with that lot.
Maybe NASA will have a lot of pilots at their door soon.
Maybe NASA will have a lot of pilots at their door soon.
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Union actions are indicating than Air New Zealand will not be processed in Australia, starting with Helen Clark's flight.
With any luck the ramifications of cancelling Trans Tasman and Sydney-LA ANZ flights will be a swift kick in the n%ts for those inept businessmen in Auckland.
With any luck the ramifications of cancelling Trans Tasman and Sydney-LA ANZ flights will be a swift kick in the n%ts for those inept businessmen in Auckland.
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To all you NZers- don't get too cosy, moves are already afoot to bring you down as well. The two 737's at MEL this morning are the first of many. 
Lets keep it tidy please W
[ 14 September 2001: Message edited by: Woomera ]
Lets keep it tidy please W
[ 14 September 2001: Message edited by: Woomera ]
Boeing Belly - does that include all the NZers who work for Ansett and Qantas and as such are embroiled in this mess too?
Goes for you too W
[ 14 September 2001: Message edited by: Woomera ]
Goes for you too W
[ 14 September 2001: Message edited by: Woomera ]
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I guess the other consideration ANZ/SQ should be taking into account, is, where are ANZ/SQ going to get their pax from.
As a former advocate of travelling via ANZ, I'm sure most Australians will now refuse to entertain the thought of travelling on ANZ/SQ.....guess I'm going to have to go back to QF.....
As a former advocate of travelling via ANZ, I'm sure most Australians will now refuse to entertain the thought of travelling on ANZ/SQ.....guess I'm going to have to go back to QF.....
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Thats the spirit....bust NZ back into the stoneage.
Oops....actually thats the Labour party motto.
With no military and no airline.... its just telecommunications to go..... after all the $NZ, aka the pacific peso, is worth 2/5 of f@ck all.
Nice to see the board of Air NZ getting a bonus for their stirling service. After all the biggest corporate loss in NZ history must have taking a supreme effort.
Abandon ship.
Oops....actually thats the Labour party motto.
With no military and no airline.... its just telecommunications to go..... after all the $NZ, aka the pacific peso, is worth 2/5 of f@ck all.
Nice to see the board of Air NZ getting a bonus for their stirling service. After all the biggest corporate loss in NZ history must have taking a supreme effort.
Abandon ship.
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Very smart.
The only thing ANZ is guilty of is buying a bankrupt airline and not having the cash to turn them around.
Hence the current situation.
Doesn't really make sense to threaten the jobs of those who can't do anything about it.
We have seen one airline go under this year, and it is traumatic.
Why don't the 'cashed up' Aussie unions spend money helping their union members and not putting other union members out of work as well!!.
The situation is sad, but remember where it started. IN AUSTRALIA.
The only thing ANZ is guilty of is buying a bankrupt airline and not having the cash to turn them around.
Hence the current situation.
Doesn't really make sense to threaten the jobs of those who can't do anything about it.
We have seen one airline go under this year, and it is traumatic.
Why don't the 'cashed up' Aussie unions spend money helping their union members and not putting other union members out of work as well!!.
The situation is sad, but remember where it started. IN AUSTRALIA.
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If our illustrious ANZ board, led by Sir Selwyn, were not so keen to pip Singapore for the second half of Ansett, then the very
cash rich Singapore Airline would no doubt
have been able to keep Ansetts head above water. Whether the same scenario that is
happening at Cathay regarding salaries and
perks would have continued under such a new
management regime is another story.
cash rich Singapore Airline would no doubt
have been able to keep Ansetts head above water. Whether the same scenario that is
happening at Cathay regarding salaries and
perks would have continued under such a new
management regime is another story.
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Curious G, it may of started in Oz but it defiantly finished in NZ. Has everyone across the Tasman had the wool pulled over their eyes (did you like that one, I thought it was pretty sh!t hot)? How successful will ANZ be in the future without Australian customers? Anyway you look at it ANZ had responsibilities, “The only thing ANZ is guilty of is buying a bankrupt airline and not having the cash to turn them around” is not really any sort of defence.
clarke’s (notice no capital) got rid of an Air Force, and is close to loosing an Airline, what next? The All Blacks in pastel pink!?!
clarke’s (notice no capital) got rid of an Air Force, and is close to loosing an Airline, what next? The All Blacks in pastel pink!?!
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G.....Sorry, can't follow that line of thinking.....If I understand you correctly, what you are saying, is that because ANZ (read SQ here as well) purchased a white elephant, stripped it even further (and continued to do so up until yesterday), then promised all and sundry up 'till last week that all was under control, continued to charge all manner of services to AN throughaout this period instead of ANZ, board members gave themselves a huge bonus, and then dumped the Airline and 16,000 + Australian jobs, is somehow the fault/responsibility of the Australian Government (read Australian tax payer) and Australian Union (read Australian Workers).....
Hmmmmm....methinks you have been sitting to close the the #2 engine
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Hi, all,
I've just got back from the Melbourne rally, where I was told of a supposed event which, IF true, is pretty low, even for ANZ. Again, I stress it is just a rumour, so I figure this is the place to air it.
Question 1: is it true that, a couple of days ago, an ANZ B747 left MEL with a cargo of seven (7) B737 engines, bound for AKL?
Question 2: is it true that all, or nearly all, ANZ's fuel for some time past has been credited to AN's accounts?
Any thoughts, anyone?
Kind regards,
TheNightOwl.
I've just got back from the Melbourne rally, where I was told of a supposed event which, IF true, is pretty low, even for ANZ. Again, I stress it is just a rumour, so I figure this is the place to air it.
Question 1: is it true that, a couple of days ago, an ANZ B747 left MEL with a cargo of seven (7) B737 engines, bound for AKL?
Question 2: is it true that all, or nearly all, ANZ's fuel for some time past has been credited to AN's accounts?
Any thoughts, anyone?
Kind regards,
TheNightOwl.
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Yes Nightowl I have heard the same rumours as you regarding the engines being taken back to NZ as well as the fuel being charged to AN for ANZ aircraft. It is worse also the interest on the purchase of AN has been charged to AN itself, interesting and unreasonable accounting. AN never stood a chance they have just raped it and left it to die a slow and painful death, and they don't give a damm about the staff. And by the way I don't work for AN, so this is not staff bitterness talking. Good luck to all the former AN staff.
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Kiwiconehead- this is all about retaliation now fella! I've just gotten back from the MEL rally and the resolution is that ALL AirNZ flights into Australia are to be blackbanned.The gloves are off, you're coming down with us.
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Let us hope that the liquidators and Government make sure that ANZ pay for all fuel and parts - there will be a paper trail!
As Ansett was a wholey owned subsiduary then I think legally they will be liable for pay/long service/leave etc. If this means ANZ loses heaps of cash then so be it! Time for some of SQ's legendary cash reserves to come into play or risk being blackbanned in Australia - don't forget they are responsible too!
As Ansett was a wholey owned subsiduary then I think legally they will be liable for pay/long service/leave etc. If this means ANZ loses heaps of cash then so be it! Time for some of SQ's legendary cash reserves to come into play or risk being blackbanned in Australia - don't forget they are responsible too!
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As well as paying for all Air NZ's fuel, ask the liquidator about administration costs for the entire group paid for by Ansett.
No wonder this has happened. Is this the ANZAC spirit Helen Clarke was referring to just before she departed on an NZ P3 (strapped in the bomb bay) back to the sheep farm?
I guess God helps those who help themselves and the Air NZ board has certainly been doing plenty of that.
No wonder this has happened. Is this the ANZAC spirit Helen Clarke was referring to just before she departed on an NZ P3 (strapped in the bomb bay) back to the sheep farm?
I guess God helps those who help themselves and the Air NZ board has certainly been doing plenty of that.
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Another question to ask the ANZ board is what happened to the $500,000,000 received for the sale of the Ansett 767's about 4 months ago and the X millions from the sale of 4 A-320's and the A320 sim last month?