AN Buyers
I believe that Emirates is showing considerable interest. It would be interesting to see the reaction from the Australian public considering the suspected Arab involvement in the horrific events in the US.
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Please - let the name ANSETT be laid to rest.
There can be no resurrection of what was once a great company, and was killed off by ABeles and his lackeys, aided and abetted by the scabs.
If anything rises from the ashes, call it Scabair, but in honour of a real Australian -RM - let it go.
[ 17 September 2001: Message edited by: Tool Time ]
There can be no resurrection of what was once a great company, and was killed off by ABeles and his lackeys, aided and abetted by the scabs.
If anything rises from the ashes, call it Scabair, but in honour of a real Australian -RM - let it go.
[ 17 September 2001: Message edited by: Tool Time ]
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Cannot see the staff bid being a goer, I think you will find that Aerolineas Argentinas are in the same position as Ansett, Emirates is a strong rumour but as someone said maybe not now after NY surely?
IMHO when Ansett is wound up, which it isn't yet, probably tomorrow, Singapore will suddenly be interested again and buy it up but without all the debts.........
IMHO when Ansett is wound up, which it isn't yet, probably tomorrow, Singapore will suddenly be interested again and buy it up but without all the debts.........
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My money is you "lame"
If you remember from posts last week, some of these issues were raised.
Now with the sherrif going all out for the AN staff entitlements, big brother SIA will have a field day.
Whether the bid is successful or not remains to be seen.
Like lame, I would have to agree that SIA will refresh an interest.
I hope that the regionals are taken up by smaller interests though, that would give good service to the country areas.
A very interesting time ahead especially with QAN having a trial with the A320's before the arrival of the fleet next year.
If you remember from posts last week, some of these issues were raised.
Now with the sherrif going all out for the AN staff entitlements, big brother SIA will have a field day.
Whether the bid is successful or not remains to be seen.
Like lame, I would have to agree that SIA will refresh an interest.
I hope that the regionals are taken up by smaller interests though, that would give good service to the country areas.
A very interesting time ahead especially with QAN having a trial with the A320's before the arrival of the fleet next year.
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My thoughts exactly. There is a huge gap in the Star Alliance at the moment. SIA would be wanting to secure their extra interests in Air NZ by buying up Ansett at a liquidated price and losing the debt as well as mending the hole in the Star Alliance. Whether Air NZ goes under or not, SIA would be stupid not to jump at the chance to gain 100% ownership of 40% of the aussie market. The aussie government doesn't open the door to 100% foreign ownership all that often, so my guess is after tomorrow we will be buisness as usual under the Singapore flag. Then the heavy hand of the SIA sword will slash away at some heavy restructuring.
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My 2 cents worth,
AN will go into liquidation shortly.
SQ will suddenly be very interested in some large chunks of the former AN.
Contract (and very cheap) labour from top to bottom will become the norm.
AN will say goodbye to the pathetic outdated work practices that have plagued them for the last 30 years.
Unionism in the oz airline industry will be shafted back into the stoneage once and for all.
The Howard Gov will be sitting around the tatters of their competition policy saying "holy farkensheeet wot happened" and the good Doc will be giggling his titties off.
Oh, and QF will have about 3 years to emulate the above reforms or go the way of the Dodo bird.
And, Osami Bin Laden is about to have is butt reamed.
AN will go into liquidation shortly.
SQ will suddenly be very interested in some large chunks of the former AN.
Contract (and very cheap) labour from top to bottom will become the norm.
AN will say goodbye to the pathetic outdated work practices that have plagued them for the last 30 years.
Unionism in the oz airline industry will be shafted back into the stoneage once and for all.
The Howard Gov will be sitting around the tatters of their competition policy saying "holy farkensheeet wot happened" and the good Doc will be giggling his titties off.
Oh, and QF will have about 3 years to emulate the above reforms or go the way of the Dodo bird.
And, Osami Bin Laden is about to have is butt reamed.
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I cant agree more with oicur12.
SIA will succeed in what ANZ could not do, and that is restructure.
And yes please let the ANSETT name rest for ever, because it sure causes much pain in NZ as we will not forget many a NZer lost their jobs under that name also!
SIA will succeed in what ANZ could not do, and that is restructure.
And yes please let the ANSETT name rest for ever, because it sure causes much pain in NZ as we will not forget many a NZer lost their jobs under that name also!
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LAME, I reackon you've hit the nail on the head with respect to SQ.
Was it not Dr Cheong that said to Sir Selwyn when bidding for the other half of AN that he could pay $500m for it now or pick up the pieces in 2 years time??
Prophetic words from a wise man.
The one thing us Australians fail to realise about the Singaporeans or the Chinese for that matter is that these people think 10-20 years to the future.
We seem to live from election to election without any real long-term planning.
Look at Sydney KSA for an example of a piecemeal solution - they know in another 10 years it will be at max capacity and has any promulgated or ratified plan for a new airport been announced?
My point made.
With regard to work practices the one thing the Singaporeans will want is industrial harmony.
Yes - the majority will get their jobs back but at something like a 20-25% pay cut and increased productivity.
Yes - work contracts will be the norm and in the darkest hour of Aviation in Australia with the collapse of not only one airline but possibly 2 (Air NZ) the good Dr from Singapore may well appear to be a saviour.
Beats the sh_ite out of unemployment!
Good luck and best wishes to you all.
[ 17 September 2001: Message edited by: 1013 ]
Was it not Dr Cheong that said to Sir Selwyn when bidding for the other half of AN that he could pay $500m for it now or pick up the pieces in 2 years time??
Prophetic words from a wise man.
The one thing us Australians fail to realise about the Singaporeans or the Chinese for that matter is that these people think 10-20 years to the future.
We seem to live from election to election without any real long-term planning.
Look at Sydney KSA for an example of a piecemeal solution - they know in another 10 years it will be at max capacity and has any promulgated or ratified plan for a new airport been announced?
My point made.
With regard to work practices the one thing the Singaporeans will want is industrial harmony.
Yes - the majority will get their jobs back but at something like a 20-25% pay cut and increased productivity.
Yes - work contracts will be the norm and in the darkest hour of Aviation in Australia with the collapse of not only one airline but possibly 2 (Air NZ) the good Dr from Singapore may well appear to be a saviour.
Beats the sh_ite out of unemployment!
Good luck and best wishes to you all.
[ 17 September 2001: Message edited by: 1013 ]
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SQ are about to have their own problems. Virgin Atlantic has just announced cutbacks, their investment in ANZ may be about to go belly up and Singapore itself is in recession. The rest of Asia is about to follow suit.
The big problem is Australia is the regionals. The trunk routes can be covered in time by QF and Virgin blue at a stretch, but the big need is for something to step into the void left by Hazeltons and Kendalls.
SQ would not be interested in that sort of service, they would simply wish to come in and cherry pick like every other new entrant. Which is exactly why a Govt with the required testosterone levels should tell them politely to get knotted.
They have no right to our domestic traffic, they have no reciprocal domestic traffic to share, and should the situation in Australia turn bad, they have even less loyalty to the Australian travelling public than the kiwi's have.
The big problem is Australia is the regionals. The trunk routes can be covered in time by QF and Virgin blue at a stretch, but the big need is for something to step into the void left by Hazeltons and Kendalls.
SQ would not be interested in that sort of service, they would simply wish to come in and cherry pick like every other new entrant. Which is exactly why a Govt with the required testosterone levels should tell them politely to get knotted.
They have no right to our domestic traffic, they have no reciprocal domestic traffic to share, and should the situation in Australia turn bad, they have even less loyalty to the Australian travelling public than the kiwi's have.
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Cute Borg
That is much closer to the reality.
It may sound far fetched but it is entirely possible that SQ might be the prey rather than the predator in the not so distant future. The good Choong is definitely on the nose in Singapore at the moment.
We have discussed the matter of hubris at length in these forums. They along with AirNz are currently finding out exactly what it means.
"Whom the Gods would destroy, they first blind with hubris"
T
I think that is entirely out of line.
That is much closer to the reality.
It may sound far fetched but it is entirely possible that SQ might be the prey rather than the predator in the not so distant future. The good Choong is definitely on the nose in Singapore at the moment.
We have discussed the matter of hubris at length in these forums. They along with AirNz are currently finding out exactly what it means.
"Whom the Gods would destroy, they first blind with hubris"
T
I think that is entirely out of line.
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Lame,
The scenario that is playing before our eyes at the moment was explained to me some 7 years ago by a member of an airline management team and was too impossible to think of at that time.
I believe you are 100% correct as this was also going to be the outcome of this explanation, that SQ would eventually obtain a major %age of the Australasian air market.
This scenario, I believe, has been manipulated by SQ for all these years.
All the future employees of the revitalised Ansett, or whatever it is to be named, and Air NZ, beware. The selubrious contracts of the past will now be history. The future will be grim and you will be working harder than you have ever believed possible under the hand of SQ.
The scenario that is playing before our eyes at the moment was explained to me some 7 years ago by a member of an airline management team and was too impossible to think of at that time.
I believe you are 100% correct as this was also going to be the outcome of this explanation, that SQ would eventually obtain a major %age of the Australasian air market.
This scenario, I believe, has been manipulated by SQ for all these years.
All the future employees of the revitalised Ansett, or whatever it is to be named, and Air NZ, beware. The selubrious contracts of the past will now be history. The future will be grim and you will be working harder than you have ever believed possible under the hand of SQ.
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One of the main problems facing any buyer at the moment is this issue of union contracts.
This is why the ACTU has such a big presence.
The precedent that would be set if the existing contracts were undone in a "reformed" Ansett will have severe consequences for current workers in Qantas.
I think that is why nothing can really happen until AN is actually liquidated, after which all bets are off and new reduced wages contracts would be offered to employees.
Presumably, the action of liquidation would also leave any new encumbent relatively debt free.
This is why the ACTU has such a big presence.
The precedent that would be set if the existing contracts were undone in a "reformed" Ansett will have severe consequences for current workers in Qantas.
I think that is why nothing can really happen until AN is actually liquidated, after which all bets are off and new reduced wages contracts would be offered to employees.
Presumably, the action of liquidation would also leave any new encumbent relatively debt free.