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ANSETT - 45 Days Liquidity Remaining.

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ANSETT - 45 Days Liquidity Remaining.

 
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Old 22nd Aug 2001, 13:23
  #41 (permalink)  

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Pax 1A
Right on, but I don't think SQ or anybody else sees SQ as "white knights".
They "white knights" are usually perceived as being 'friendly' not predatory.
We need the late "Last Resort Laurie" to fix this one.
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Old 22nd Aug 2001, 21:58
  #42 (permalink)  
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I think that we are all looking at a very interesting time in Australian aviation, anything at the moment is possible. You could make up any possible outcome, and no story would be considered too stupid. What really makes me sad, is that a once great airline, has been reduced to this. I now know how people who loved PanAm and Braniff felt. It was a long time ago, (I wont mention THAT year), but I CAN remember the hour, the day, the year that I got the telegram (remember them) that said "you have been selected on a pilot course for Ansett". It was the day I had lived for for ever. All I ever had wanted to do (My mum tells me from age 6,) was to be a pilot for Ansett. And it happened, and then a WHOLE LIFE TIME of expectations, were "rearranged". So I rearranged my life, but its amazing that those that went to the "new" Ansett in (that year) have never worked it out, the place was FULL, FULL, FULL, of people like me, we lived, ate, breathed, AN. Everyone did. Every single person that I knew then at AN did, we ALL loved it.And now its, goodbye?
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Old 23rd Aug 2001, 02:53
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SOPS - wonderful post!

Unfortunately the same can be said of other airlines around the world.
The new Qantas is vastly different to the old,the new Cathay.......well,enough said.
Dont get me started there!
Expansion tends to do that.

The sad fact of our existence is that these days people are no longer the bottom line but money is.
Also large expansion and in Ansett's case a total lack of management ability combined with corporate piracy have raped this once great airline.

So sad because the one thing Ansett got right many years ago in an advertising campaign was "The thing that makes this airline great is it's people" (or words to that effect).
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Old 23rd Aug 2001, 04:22
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fish

Now that the Singtel deal is approved, the next chapter will unfold.
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Old 23rd Aug 2001, 04:45
  #45 (permalink)  

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barra21

I still can't believe they approved the Singtel deal.

It's time to roll out the tumbrels, man the barricades, tune up the guillotine and start beheading our Pollies. Their behaviour is now little different than which moved the French to revolt.
They'll get their republic but not in the way they imagined.
They are just not listening.

SOPS
Thank you for that, I know how you feel.

Your mention of Pan Am, Braniff is apposite. They are only a couple of the better known airlines in a long list of those no longer flying the skies.

The Government and industry wanted deregulation and they got it.
Well, welcome to the chill winds of commerce.

Why is every one worrying about what will happen.

What will happen, is that business will respond, the remaining airlines, including Virgin will regroup, there may even be another start up. Any way you look at it, the market will eventually work it out.

There is nothing sacred about Ansett or any organisation now.
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Old 23rd Aug 2001, 04:51
  #46 (permalink)  
 
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September 4 is D-Day when ANZ EoY report is issued - ANZ doing OK but those OK's go to keep An operating

Dr Choong runs arguably the best airline in the world and they are not about to be nice guys for the sake of Qantas or Ansett for that matter.

If NZ Govt do not agree to an increase in foreign ownership I couldn't see SQ taking over AN unless it was offered at Fire-sale rate

Ansett is a designated Int'l carrier of this Country - the announcement by the Deputy PM for the NZ Govt to pursue the QF proposal was disturbing

If Ansett can't operate to their once very good capabilities, Regional Australia will suffer - I'm sure the Pollies have not comprehended this, but WA could be a big loser.
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Old 23rd Aug 2001, 05:21
  #47 (permalink)  

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P51D
Can't argue with any of that, Regional Oz will suffer and WA most of all.
I wonder how the esteemed Dr Choong would react if the Government, made it a condition of his entry to the Oz domestic market that he service theses routes, period.

I think I already know the answer.

Australia IS different and it is impossible to have the cream without also taking the whey.

I think you would agree thought that services to our remote communities have always required a political solution, dare I mention the 'S' word.

It has never been the responsibilty of a commercial organisation to operate as a social welfare issue.

If my increasingly cranky memory is working I recall Ansett in the old days, took on or maintained most of these commercially dodgy routes as a defence mechanism. Simply to stop anyone else getting in sideways. Whilst they were 'profitable' or at least could hide their losses in the TNT group accounts, this strategy worked. Government loved it of course.
But the world has moved on and we are back to where those services were maintained in the first place and that is with S.....Su....Sssssssu... eeeeach...Soooobs.....Subssss....Sunsiby....SUBSIDY phew sorry
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Old 23rd Aug 2001, 08:20
  #48 (permalink)  
 
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Maybe the singtel deal is a AN answer, did the Libs do a deal with the Singapore Govt- Singtel for saving Ansett?????
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