PPRuNe Forums

PPRuNe Forums (https://www.pprune.org/)
-   Dunnunda, Godzone and the Pacific (https://www.pprune.org/dunnunda-godzone-pacific-24/)
-   -   ZL out of CBR, ABX & WGA (https://www.pprune.org/dunnunda-godzone-pacific/23149-zl-out-cbr-abx-wga.html)

KYBO 14th Feb 2002 12:00

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.

mustafagander 14th Feb 2002 13:40

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.

pjm1 14th Feb 2002 14:00

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


All times are GMT. The time now is 06:32.


Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.