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Ansett - possibly in recievership by this afternoon

 
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Old 10th Sep 2001, 07:04
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Post Ansett - possibly in recievership by this afternoon

Just heard on the Midday news on 2GB, that Ansett could be out in recievership as early as this sfternoon.

Federal, state and NZ pollies already scerambling to work out a crisis plan.

Interesting times ahead.
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Old 10th Sep 2001, 07:46
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Bad News for everyone in Aviation - however employed or aligned.
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Old 10th Sep 2001, 08:37
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Why is it bad for everyone in aviation?
If there is demand some one will fill the gap, whether it be QF, Virgin our smaller operators.
Granted it will be bad in the short term for the current AN staff but the future may be brighter for aviation in Australia.
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Old 10th Sep 2001, 08:42
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Red face

My wife flys out on AN this afternoon.

Does this mean I might not get her back?
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Old 10th Sep 2001, 08:51
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Angel

Capt Vegemite..........Do you want her back??


Er, only kidding!

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Old 10th Sep 2001, 09:46
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Hee hee thank christ she doesnt read Pprune.
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Old 10th Sep 2001, 10:26
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Talking

Oh sh!t Vedge I sent this to your wife in case she may end up stranded! I was just tryin to help mate honest!

--------------------------------------------
To: [email protected]
From: [email protected]

At 12.34 EST Slasher wrote:

Please go to PPRuNe.com, Dunnunda forum, "Ansett-in recievership" thread. Your flight might be stuck and poor Vegemite might end up at home all alone with all his mates and no one to get coldys from the fridge.

Rgds
Slash.
(Vegies Nam conection)
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Old 10th Sep 2001, 11:13
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Slasher
Good to see ya round mate.

And stupid here spent the equivalent of a new Bertram 42 on my eldest daughters education so that she can ring me last week from Brisbane to say.
"Hey Dad doesn't look good for being home at Christmas coz I bought Ansett tickets to come home with last week, can't think why I didn't buy Qantas".
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Old 10th Sep 2001, 11:52
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I wonder if CASA are thinking of getting involved. Isn't one the requirements of the holder of an AOC to be financially sound, & viable.

Just a question only. I bet Qantas would like to push that.
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Old 10th Sep 2001, 12:28
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Maybe the Australian tax payer could fund Ansett again via Bob Hawke/Paul Keating's
'no it's not compensation' facade.
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Old 10th Sep 2001, 12:31
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Unhappy

Well thank you slasher the kids and the cat had fish and chips and I luckily just caught the tail end of a special on Johny Red at Mark Down.

Hope mum enjoys her trip and doesnt have to fly the bloody thing home herself.
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Old 10th Sep 2001, 12:50
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If one casts a mind back to 1989 the scoreboard would look like this.

Hawke - Gone
Abeles - Gone
TAA - Gone
IPEC - Gone
East-West - Gone
Ansett - Going, going, gone

AFAP - growing stronger every day.

How I remember all those press releases proclaiming victory for the airlines and goverment...!!!?? Might have been a bit early to tell.
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Old 10th Sep 2001, 13:06
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This whole debarcle makes me sick.

Between smug well paid expats and spineless heroes what hope has the poor old GA driver?

Both groups have screwed it for the rest of us.

[ 10 September 2001: Message edited by: daytrader ]
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Old 10th Sep 2001, 13:16
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Not forgetting politicians, (mis)management, CASA and cadets.

spits dummy but feels no better
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Old 10th Sep 2001, 13:53
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And entrenched nepotism. Lets see how the various frequently occurring surnames amongst the AN pilot seniority list go, as fathers tread on sons in the scramble for the elusive well paid job in Oz. For many of the younger ones it may be the first job they have ever had to get themselves. Let the catfight begin!
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Old 10th Sep 2001, 13:54
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Cool

Iso .... the Toller/CASA grab for media limelight in December/January this year did more commercial damage to Ansett than any events of '89.

Don't encourage them to again blunder in where fools should fear to tread!
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Old 10th Sep 2001, 14:05
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Not to worry, will be all one big Airline soon, QANSETTAS???

See latest press release from Air NZ following.......

Air NZ and Qantas Start Discussions on Ansett (issued at 1950)


Mon 10 September 2001
The Board of Air New Zealand Limited has offered to sell its Ansett subsidiary businesses to Qantas Airways Limited and has entered into discussions with Qantas, the Acting Chairman of Air New Zealand, Dr Jim Farmer, announced today.


"Ansett is continuing normal operations, and Qantas and Air New Zealand will continue discussions over the next few days on the terms of any acquisition of Ansett by Qantas.


"Any transaction would be subject to due diligence and approvals of the Australian and New Zealand Governments and regulatory approvals, including that of the Australian Competition and Consumer Commission.


"The Board of Air New Zealand expects to be able to make an announcement on the progress of the discussions with Qantas on, or before, Thursday 13 September when the company is due to present its annual results.


"Meantime, Air New Zealand, its major shareholders, Brierley Investment Limited and Singapore Airlines Limited, and the New Zealand Government are continuing to negotiate in good faith to finalise arrangements to provide on-going financial support for the operation of Air New Zealand international and domestic airlines operations," Dr Farmer said.
 
Old 10th Sep 2001, 14:40
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Don't Star Alliance have some kind of massive penalty for airlines leaving?

If AN was bought by QF that would bring it into OneWorld, thus incurring said penalty. I seem to remember this being discussed when QF were looking for 25pc of ANZ.

I suppose none of the other Star members have some cash they could chuck in to dilute the SQ "menace"?
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Old 10th Sep 2001, 14:43
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Hey OzGrade!
To hell with flying,
Maybe we'll go into the film industry.
Aviation pisstakes on film!
Who do people want sent up in aviation.
Will be screening Monday Nights at 9.30pm.
 
Old 10th Sep 2001, 16:04
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Overboosta, you weren't sitting in the back seat of a certain Duchess whilst conducting a prac. ILS into RIC 6-8 weeks ago, were you?

Something just went "click", that's all.
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