SInGAPORE_AIR
Posts: 11619
Joined: Mon Nov 13, 2000 4:06 am

Singapore Airlines Interested In 25% DJ Stake

Sun Jun 16, 2002 6:38 am

1) 25% isn't enough. WTF are they going to do?
2) As long as that Patrick Corp doesn't do anything and just takes the money then we will be fine.

Anyway, the article in the West Australian.

Singapore Airlines is interested in a 25% in DJ. Analysts suspect an injection of funds into DJ instead of a sell down in the stakes of Patrick Corp (PC) and Sir Richard Branson (RB).

Singapore Airlines Limited has apparently been losing traffic from Germany as points like Ayers Rock aren't covered.

DJ lacks a business class product (oh really? I'm sure we didn't know that). The first few rows of low class will have to be taken out. DJ has already gained high-profile AU clients though. (I think he misses the point. It's not Australian pax that SIA wants is it? bah).

"Why would they bother," said Ian Thomas, airline analyst with the Centre for Asia-Pacific Aviation, referring to SIA buying AN's AOC.

However, ING Barings says that before a cash injection is done, testing will first be done with a codesharing deal with DJ like UAL.

SIA's involvement in DJ will further increase it's value.

More information at the West Australian website (not a member of News Corp Big thumbs up)
Anyone can fly, only the best Soar.
 
SInGAPORE_AIR
Posts: 11619
Joined: Mon Nov 13, 2000 4:06 am

RE: Singapore Airlines Interested In 25% DJ Stake

Sun Jun 16, 2002 6:40 am

Would snobby J and Y Class passengers want to fly on DJ in a tight economy class (and to a lesser extent F though they probably just go for business and get out)?

Can SIA trust Patrick Corp to allow it to turn DJ into a feeder airline while preserving PC's investment?

Is DJ up to the SIA service standard or is that irrelevant in the current situation?

One option is that DJ J pax can share SIA lounges in Australia which would lessen any J Class product costs if DJ goes for that little option.
Anyone can fly, only the best Soar.
 
VirginFlyer
Posts: 3881
Joined: Sun Sep 10, 2000 12:27 pm

RE: Singapore Airlines Interested In 25% DJ Stake

Sun Jun 16, 2002 9:55 am

Singapore_Air - presumably this is the same throughout Australia, but here in Sydney the Singapore Airlines lounge is in the international terminal, which is some distance from the domestic terminal, and more importantly is beyond the customs check. So I think we can scratch that idea...

V/F
"So powerful is the light of unity that it can illuminate the whole earth." - Bahá'u'lláh
 
Guest

RE: Singapore Airlines Interested In 25% DJ Stake

Sun Jun 16, 2002 3:18 pm

Guys,

More rumormonging. Admittedly SQ are in a bit of a pickle in regards to this, there is a bit of a black hole here for the star carriers but who wants to launch a new full service domestic carrier and endure a protracted battle with QF?

The old AN basic infrastructure is there and the administrators are indicating they are close to some sort of deal. ?WHO?

I think the question needs to be asked, should DJ with their very sucessful low cost model all of a sudden re-brand itself and have the requisite seats at the pointy end and a bit more service?

The rumours are abounding that DJ may offer some trunk routes with service but this makes little sense and would be a nightmare for postitioning requisite aircraft.

It's a shame that QF and certain *star* carriers cannot reach agreement on interlining pax. It would be to QF's advantage in that it would negate it having to deal with another domestic player on that field. However, besides the One World alliance airlines getting testy it could also eat into QF's international routes where they have picked up former AN/*star* pax out of Australia.

It's a difficult situation all round and anything is possible.

If *star* airlines band together and inject a massive amount of capital into say purchasing former AN assets and cutting a deal with DJ it could form a new airline fairly quickly and challenge QF's now dominance over the market.

The former AN regionals are all still flying and could be easily persuaded to code share with points and the like with the new carrier.

Who knows what is happening, but the game plan is probably running it's course as we speak. The dust hasn't settled yet.

mb
 
wirraway
Posts: 1294
Joined: Sun Mar 25, 2001 4:32 am

RE: Singapore Airlines Interested In 25% DJ Stake

Sun Jun 16, 2002 6:20 pm

One reason for any delayed announcement could be that
there is a hiccup with the ex AN Sydney terminal in that
whoever wins the ownership off SACL wants to arrange
the leasing instead of SACL, QF want 9 gates and DJ 6,
leaving only 3 gates spare, the delay on DJ moving in
could be considerable, and QF have stated they will knock
a hanger over and build their own if necessary.

In the meantime all 3 supposed lookers, SIA, Emirates and
Dragon Air have said they are not interested in the AN
AOC to start a new airline.

Wirraway
 
Guest

RE: Singapore Airlines Interested In 25% DJ Stake

Sun Jun 16, 2002 10:17 pm

Wirraway,

You and I both know that airlines decrying lack of interest in anything in our region is a good enough reason to wonder differently.

How many times have we seen airlines say *we will do this* and nothing has happened?

Any increase in aviation capacity in this country would be appreciated, regardless of my political or cultural restraints.

Maybe KD's will start 744 operations to HKG out of SYD with VH-CZQ?

 Big grin

mb
 
rmm
Posts: 518
Joined: Sun Feb 04, 2001 10:34 am

RE: Singapore Airlines Interested In 25% DJ Stake

Tue Jun 18, 2002 10:31 am

DJ denies SQ investment, last paragraph.

http://www.theaustralian.news.com.au/common/story_page/0,5744,4531951%255E462,00.html

Rmm
 
 
Marara
Posts: 634
Joined: Fri Oct 19, 2001 11:29 pm

RE: Singapore Airlines Interested In 25% DJ Stake

Tue Jun 18, 2002 12:28 pm

Dont encourage him MX5 !!!

PLEASE !

 Big thumbs up
I like work: it fascinates me. I can sit and look at it for hours. Jerome K Jerome
 
SInGAPORE_AIR
Posts: 11619
Joined: Mon Nov 13, 2000 4:06 am

RE: Singapore Airlines Interested In 25% DJ Stake

Tue Jun 18, 2002 7:11 pm

Though it might be untrue, how can DJ reject something that's probably not real and it is in the heads of SIA directors?  Smile
Anyone can fly, only the best Soar.

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