ZL out of CBR, ABX & WGA
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Join Date: May 2000
Location: OZ
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ZL out of CBR, ABX & WGA
Is it true......If so very sad & we all should hope that this does not have a negative affect on the employment of their staff. Like us all they have had to put up with too bloody much in the last 5 months.
It's true alright. Press release issued earlier today, Thursday.. .Reason given was QF dumping capacity on the routes, especially CB.. .It just happens to fit with a turf thing vis-a-vis KD as the potential new owners are looking at ZL plus a bit of KD.
Join Date: Sep 2001
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KYBO & MUSTA. .I wouldn't be too anxious about ZL's pulling out of ADX, WGA & CB. You must remember that because the company is under administration, an operational airline with either less debt or more profit may elicit a higher price from a prospective buyer. If that means pruning the operations so that it looks better may not be a bad thing long term. The company may go in a completely new direction after it is bought, so what happens short of stopping operations should mean little in the longer term.
Hang in there, . .NTLBD
Hang in there, . .NTLBD
