Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
SIA To Buy Stake In Virgin Blue-ING  
User currently offlineWirraway From Australia, joined Mar 2001, 1321 posts, RR: 1
Posted (12 years 4 months 3 weeks 3 days 14 hours ago) and read 2926 times:

Dow Jones reports SIA most likely to buy stake in
Virgin Blue.

http://sg.biz.yahoo.com/020611/15/2zepr.html

Wirraway

14 replies: All unread, jump to last
 
User currently offlineBNE From Australia, joined Mar 2000, 3187 posts, RR: 12
Reply 1, posted (12 years 4 months 3 weeks 3 days 14 hours ago) and read 2913 times:

That might just about kill a third airline theory for a few months.



Why fly non stop when you can connect
User currently offlineRmm From Australia, joined Feb 2001, 525 posts, RR: 1
Reply 2, posted (12 years 4 months 3 weeks 3 days 14 hours ago) and read 2894 times:

Just a few observations,

a) Who's stake are they going to buy?

b) Non controlling stake - thought they would have learnt by now?

c) Seems their overtures to QF to join Star was a dismal failure if true?

d) If true, where does this rate on the loss of face scale?

Rmm


User currently offlineAirbus1 From United Arab Emirates, joined Feb 2001, 88 posts, RR: 0
Reply 3, posted (12 years 4 months 3 weeks 3 days 14 hours ago) and read 2885 times:

Arguably they have already paid for Virgin Blue once - whose money financed the launch of Virgin Blue ??!!

Sir RB must enjoy his generous Singapore benefactors !


User currently offlineRmm From Australia, joined Feb 2001, 525 posts, RR: 1
Reply 4, posted (12 years 4 months 3 weeks 3 days 13 hours ago) and read 2868 times:

If true, it will be interesting to see what SQ pay for a chunk, keeping in mind that Corrigan paid $AUD250 ($USD 125) mil for 50%.

Yes Airbus1, the bearded one must be lapping it up.

Rmm


User currently offlineWirraway From Australia, joined Mar 2001, 1321 posts, RR: 1
Reply 5, posted (12 years 4 months 3 weeks 3 days 13 hours ago) and read 2853 times:

Rmm
Good questions, I thought I was seeing things when I came
across the report, as it was only a couple of hours ago will
be interesting to see if Dr Choong denies the report or not.

This together with the rumours of DJ putting some business
seats as well as talk of lounges at main trunk airports might
have some truth to it, might be a cheaper alternative to
starting a 3rd start-up.

Wirraway


User currently offlineSingapore_Air From United Kingdom, joined Nov 2000, 13745 posts, RR: 19
Reply 6, posted (12 years 4 months 3 weeks 3 days 13 hours ago) and read 2846 times:

a) Who's stake are they going to buy? - Dunno  Laugh out loud

b) Non controlling stake - thought they would have learnt by now? - They better have

c) Seems their overtures to QF to join Star was a dismal failure if true? - Dunno yet

d) If true, where does this rate on the loss of face scale? - Loss of face?  Laugh out loud

Well this is interesting however let's keep it in perspective. The article actually says SIA is likely to buy in DJ, not SIA it to buy in DJ as the topic indicates, so lets take it with a pinch of salt, caviar and baked barramundi fillet wrapped in banana leaf.

It's a broker, not much else. Bah.



Anyone can fly, only the best Soar.
User currently offlineSrbmod From , joined Dec 1969, posts, RR:
Reply 7, posted (12 years 4 months 3 weeks 3 days 7 hours ago) and read 2786 times:

In a way, don't they already own some of it? Could Sir Richard just swap them some of their shares of VG for shares of DJ? But the question is, will this turn into an Ansett redux?

User currently offlineWirraway From Australia, joined Mar 2001, 1321 posts, RR: 1
Reply 8, posted (12 years 4 months 3 weeks 1 day 22 hours ago) and read 2716 times:

More analysts in Singapore are now betting on a SQ/DJ tie-up reports
Dow jones, read a more detailed outlook, including the tip of SIA
buying 25% of Virgin Blue:

http://sg.biz.yahoo.com/020612/15/2zguu.html

The big rumour for today is that Virgin Blue have bought the
Melbourne jet base, announcement imminent.

Wirraway


User currently offlineRyanair!!! From Australia, joined Mar 2002, 4756 posts, RR: 25
Reply 9, posted (12 years 4 months 3 weeks 1 day 19 hours ago) and read 2680 times:

Hmm... Mx_5 Boy is absent from this thread so far. No more rantings about how SQ is trying to destroy Aussie aviation?


Welcome to my starry one world alliance, a team in the sky!
User currently offlineMx5_boy From , joined Dec 1969, posts, RR:
Reply 10, posted (12 years 4 months 3 weeks 1 day 15 hours ago) and read 2636 times:

Ryanair!!!,

Your comments are banal at most. SQ have done their bit amongst others.

It's interesting to read all these reports. What is most disturbing is why SQ would want to buy into DJ? DJ's business model is on the cheap and cheerful mode of transport. Does an SQ backed domestic airline in Oz leave such a distaste in ones mouth that they are willing to back DJ instead.

And of course those lovely rumours about NZ starting a domestic carrier here. Uh yeah right.

To be truthful it would make not one iota of difference if it was a DJ ramp up on core trunk routes or an independent operator. The rumours from the AN administrators are hinting at talks between major carriers for a big chunk of AN assets to start afresh.

Whatever the case, QF will be there and supported by the minister for QF.

Funny how it all reverts back to a duopoly.

Kudo's to the star alliance for wanting to woo QF. Desperate times huh?

mb

The Australian aviation industry has been the target of macro and micro economic reform for some time. Nothing has been gained really except a lowering of wages for workers and lowering of service to the public. Now ATC is being targetted.


User currently offlineRmm From Australia, joined Feb 2001, 525 posts, RR: 1
Reply 11, posted (12 years 4 months 3 weeks 1 day 14 hours ago) and read 2632 times:

Wirraway,

Just in relation to the last link you posted, I travelled to Europe in early 2001 to have a look at some 767's for AN. We flew British Midlands from London to Brussels, probably under an hours flight from memory, however, 2 classes present and full food service. The article suggests otherwise for BMI. Anyone confirm? Have BMI changed since?

Rmm


User currently offlineSingapore_Air From United Kingdom, joined Nov 2000, 13745 posts, RR: 19
Reply 12, posted (12 years 4 months 3 weeks 1 day 14 hours ago) and read 2611 times:

Masya Spek - I do hate that woman.


Anyone can fly, only the best Soar.
User currently offlineSingapore_Air From United Kingdom, joined Nov 2000, 13745 posts, RR: 19
Reply 13, posted (12 years 4 months 3 weeks 1 day 14 hours ago) and read 2607 times:

Wirrway: Just a question. Where do you get all this news?

Whenever I search for Singapore Airlines or even Airline , all I get it crap stuff from 3 June 2002 and nothing new.

Despite two very stern e-mails to Yahoo Singapore I still cannot get anything and this is making me very angry!

I would appreciate it if you could tell me where you search because at this rate I've given up with those incompetent people there.



Anyone can fly, only the best Soar.
User currently offlineWirraway From Australia, joined Mar 2001, 1321 posts, RR: 1
Reply 14, posted (12 years 4 months 3 weeks 1 day 13 hours ago) and read 2597 times:

Singapore_air

Just go back to the last link I posted and on the top
there are all the links ie: Singapore-International-Dow Jones-Reuters
etc, works ok from here.

Wirraway


Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Virgin Blue Says SIA Not Going To Buy Stake In It posted Fri Jun 28 2002 14:30:46 by Singapore_Air
Cathay To Buy Stake In Air China posted Thu Oct 21 2004 03:30:05 by Lutfi
Cerberus To Buy Stake In Air Canada? posted Thu Jul 10 2003 22:10:45 by Connector4you
Cathay Pacific To Buy Stake In China Eastern posted Fri Apr 11 2003 07:38:29 by United777
Finnair To Buy Stake In Lithuanian? posted Mon Dec 23 2002 10:44:04 by The Ticketor
Lufthansa To Buy Stake In SAS Cargo posted Sat Mar 2 2002 22:20:58 by Singapore_Air
Qantas To Buy Stake In AirNZ? posted Fri Dec 14 2001 08:01:45 by Wirraway
AA's Attempt To Buy AC In 1999 posted Sun Jun 18 2006 02:11:46 by USPIT10L
Islandic Group To Increase Stake In Easyjet? posted Sun Jun 12 2005 17:36:38 by Beaucaire
SA Wanted To Buy 777's In 1995 (Press Release Incl.) posted Thu May 5 2005 21:13:03 by Andz