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QF Could Be Forced Off All NZ Domestic And Tasman

Tue Mar 13, 2007 1:33 pm

Just seen on One News that QF could be forced off all NZ domestic/Tasman/Pacific routes under new laws cause of the take over bid.

Will post a link when found
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antskip
Posts: 829
Joined: Mon Jan 02, 2006 8:53 am

RE: QF Could Be Forced Off All NZ Domestic And Tasman

Tue Mar 13, 2007 1:53 pm

 
sparklehorse12
Posts: 512
Joined: Fri Feb 02, 2007 12:19 pm

RE: QF Could Be Forced Off All NZ Domestic And Tasman

Tue Mar 13, 2007 2:08 pm

Consider the share price for QF dropped yesterday on speculation that the deal will not go ahead, this is a further nail in the coffin. With all the argy bargy and carry on, one would think APA will have to pull out of the deal. The is would leave McBank with egg all over its face...(hahahaha evil laugh)
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ZKNBX
Posts: 440
Joined: Mon Jul 17, 2006 5:24 pm

RE: QF Could Be Forced Off All NZ Domestic And Tasman

Tue Mar 13, 2007 3:51 pm

Well, with QF in private ownership and a decent return on asset (an expensive one at that) at the top of the list, do you really think QF will be maintaining their loss making NZ operation?
 
cchan
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Joined: Sat May 17, 2003 8:54 pm

RE: QF Could Be Forced Off All NZ Domestic And Tasman

Tue Mar 13, 2007 4:48 pm

Quoting ZKNBX (Reply 3):
do you really think QF will be maintaining their loss making NZ operation?

I have always wondered why QF keeps the NZ domestic operations? Isn't it better for them to pull out and use the planes somewhere else that may earn more money?
 
workflyer
Posts: 166
Joined: Wed Dec 06, 2006 7:49 am

RE: QF Could Be Forced Off All NZ Domestic And Tasman

Tue Mar 13, 2007 5:03 pm

Seems like all angles are being used to stop the sale.

This is also on the ABC website, nothing like a bit of inflamatory union goading to get the debate into tabloid territory.

http://www.abc.net.au/news/newsitems/200703/s1870810.htm

Oops, did not notice a thread on this already started.
QF Denies Using Prisoners To Clean Planes (by 777ER Mar 13 2007 in Civil Aviation)

[Edited 2007-03-13 10:10:47]
 
flyjetstar
Posts: 682
Joined: Fri Feb 03, 2006 6:37 am

RE: QF Could Be Forced Off All NZ Domestic And Tasman

Wed Mar 14, 2007 2:30 am

I think it is Jetstar issue not a QF issue.

Qantas general counsel Brett Johnson said yesterday that if the Qantas Sale (Keep Jetstar Australia) Amendment Bill, designed to protect the company's subsidiary Jetstar from foreign takeover, was passed the airline would have to stop Jetstar operations in New Zealand and the Pacific.

Full article here

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