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

Qantas Slams SIA

Tue Jun 19, 2001 9:11 pm

QANTAS SLAMS SIA BUT AIR NZ HAPPY

SIA's second push for a larger stake in troubled Air NZ was expected to meet strong resistance from nationalistic factions within New Zealand, Australia and competing airlines.

Qantas protested loudly late on Tuesday.

"This is an attempt by Singapore Airlines, which is controlled by the Singapore government, to take an unprecedented level of influence over the competitiveness and structure of the aviation industry on both sides of the Tasman," Qantas chief executive officer Geoff Dixon said.

Dixon said people should realise this would give SIA major influence over the future of Air NZ, Ansett and Ansett International, in addition to its 49 percent stake in Virgin Atlantic [VA.UL].

But the board of Air NZ welcomed SIA's proposal, saying it was in the best interests of the company to strengthen the Air NZ-Ansett Australia airline group as an integrated business.

"As a consequence, the expansion of the capital base of the Air NZ-Ansett Australia group will be pursued," Jim Farmer, acting chairman of Air NZ said in a statement.

Farmer said an integrated Australasian network was more valuable than any other option available.

 
star_member
Posts: 181
Joined: Sat Dec 30, 2000 5:09 pm

RE: Qantas Slams SIA

Tue Jun 19, 2001 9:25 pm

poor geoff dixon showing his own anxiety at being beaten at his own game. the fact is both sq and qf has ambitions of regional dominance. finger pointing is so unbecoming - an example of the pot calling the kettle black
 
The Coachman
Posts: 1192
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RE: Qantas Slams SIA

Tue Jun 19, 2001 9:32 pm

Geoff Dixon appeared very cold and callous in a 4 Corners Documentary. It seems SQ is equally cold. To QF fans anyway. To AN fans, QF is as cold as the Antarctic and SQ the tropics.

I'm not tipping my hand as to who I support.

 Smile

The Coachman
M88, 722, 732, 733, 734, 73G, 73H, 742, 743, 744, 752, 762, 763, 772, 773, 77W, 320, 332, 333, 345, 388, DH8, SF3 - want
 
miami1
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Joined: Wed Feb 28, 2001 10:31 pm

RE: Qantas Slams SIA

Tue Jun 19, 2001 9:45 pm

When it gets down to reality. Qf or SQ dont give a damn who they own as long as they are making money, after all its a business RIGHT! I can imagaine that if the roles where reversed and it was NZ or AN with all the money and clout they would be doing exactly the same. The only real losers are the employees who have to put up with all the cut backs to keep their highlypaid executives in comfy air conditioned offices.
 
Jubilee777
Posts: 502
Joined: Thu May 20, 1999 10:34 pm

RE: Qantas Slams SIA

Tue Jun 19, 2001 10:27 pm

Hmm.....

what can i say.....

SORE LOSER!

The Singapore government thingie is just an excuse....what else can they say ?


Now the REAL threat is about to begin......

J777
(I love every bit of this drama Big grin )
 
airnewzealand
Posts: 2310
Joined: Sat Oct 21, 2000 6:00 pm

RE: Qantas Slams SIA

Wed Jun 20, 2001 6:39 pm

Qantas is going DOWN!! That is all i can say!!

Cheers
mikey

PS AirNZ and AN are going to be the real winners!! They are going to Flourish, and guess what... In the plan, it said that SQ is going to expand AirNZ to great lengths, toi get its name seen more, and its world class service appreciated by everyone! Some with AN!!

Cheers once again!!
 
wirraway
Posts: 1294
Joined: Sun Mar 25, 2001 4:32 am

RE: Qantas Slams SIA

Wed Jun 20, 2001 7:19 pm

Airnewzealand

Your right, Qantas shares went down 8% today,
trouble is Air NZ went down 18%.  Smile/happy/getting dizzy

Wirraway
 
airnewzealand
Posts: 2310
Joined: Sat Oct 21, 2000 6:00 pm

RE: Qantas Slams SIA

Wed Jun 20, 2001 7:28 pm

hahahaha....lol wirrawey!!

Have a great day!
Cheers
mikey
 
MEA
Posts: 585
Joined: Mon Jan 15, 2001 8:30 pm

RE: Qantas Slams SIA

Wed Jun 20, 2001 7:31 pm

I would prefer Air NZ linking up with QF over SQ any day. This would allow QF & NZ to become a formidable force in Asia & the Pacific.

SQ's purchase of AN will allow AN to grow & compete on par with a combined QF/NZ company.

For some reason, I just don't think that NZ has what it takes to make AN the carrier it should be. Capital isn't everything if you can't run the company properly. NZ has had ample time to fix things up @ Ansett & this does not seem to be happening.
 
krisworldB777
Posts: 556
Joined: Mon Nov 06, 2000 10:28 pm

RE: Qantas Slams SIA

Wed Jun 20, 2001 7:42 pm

I really don't view SQ as a cold airline, they certainly want to make money, but that is the purpose of business today isn't it? I too watched the Four Corners program and was completely unimpressed with Geoff Dixon's persona: certainly an extremely arrogant guy and it really is affected in Qantas Cabin Service. I have no respect for Dixon, nor James Strong at all.

I do have a huge amount of respect for SIA's Dr. Cheong Choong Kong, a man who has done remarkable things for the airline, but also the aviation industry in general making him one of the most influential members of the aviation community. Dr. Cheong isn't a cold man, he is extremely clever and very respected with a lot of personal charm. I'm still yet to see Dixon's charm!

Australians do, however, have concerns about the Singapore Government ruling the Pacific airlines but, SIA has built a reputation so outstanding that both Air New Zealand and Ansett are sure to flourish under. Qantas really do not have the capital or the management style to make a happy and highly successful airline.
 
RAAFController
Posts: 124
Joined: Wed May 30, 2001 9:50 am

RE: Qantas Slams SIA

Wed Jun 20, 2001 8:21 pm

What happened to SIA's statement that they wished to have a 'controlling stake' in AN?

The papers this morning, and articles on other posts today, claimed that ANZ had rejected both QF and SIA proposals, in that the SIA proposal had them buying more of ANZ and some of AN!

Now it seems that people are saying ANZ has gone with the SIA proposal.

Am I missing something here? or is it media who are distorting things as usual?

As i understand it, the present proposal is that SIA buy more of ANZ by purchasing shares at $1.30 or something. But not buying any of AN?

Please explain???
 
wirraway
Posts: 1294
Joined: Sun Mar 25, 2001 4:32 am

RE: Qantas Slams SIA

Wed Jun 20, 2001 8:31 pm

Wednesday June 20, 4:02 PM

Howard to Hear QANTAS Concerns Over Ansett Ownership
CANBERRA, June 20 Asia Pulse - Australian Prime Minister John Howard today said he would meet senior Qantas (ASX:QAN) executives over the coming weeks to hear their concerns about the future ownership of domestic rival Ansett Airlines.
Mr Howard met Qantas officials overnight for general talks about regional airline ownership.




The prime minister said the government would consider the national interest in any change of Ansett's ownership which could result in a push by Singapore Airlines to buy Ansett's parent Air New Zealand.

"The future ownership arrangements of airlines in the region is quite important to the government," Mr Howard told reporters.

"We'll make any decisions we're asked to make on the basis of Australia's national interests, which is always upper most in our minds.

"But it is too early at this stage to say what might eventuate and how we might respond.

"Qantas is obviously concerned and I want to hear what those concerns are.

"We certainly want to listen very carefully to any arguments that Qantas puts.

"Qantas is a great Australian flag carrier. It is a beacon to this country in terms of overseas travel.

"And we certainly want to see the legitimate interests of Qantas protected whilst respecting the fact that people make commercial decisions, and it is not the role of the government to get in the way of those decisions."

Mr Howard said it was not the role of the government to get in the way of commercial decisions unless there was a strong national interest involved.

He said Australia wanted as much competition as possible.

 
star_member
Posts: 181
Joined: Sat Dec 30, 2000 5:09 pm

RE: Qantas Slams SIA

Wed Jun 20, 2001 9:34 pm

all i can say is QF are sore losers and geoff dixon is like a spoiled child not getting his way. he may have conquered impulse airlines but singapore airlines ceo is more than his match. i can't believe he has gone running to the australian govt to intervene so quickly, just like a child running to mummy and daddy. quite unprofessional behaviour i think.
 
v jet
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RE: KrisworldB777

Wed Jun 20, 2001 10:44 pm

Would it be too much for you to admit that Qantas must be at least somewhat successful? If it wasnt it would not be operating!
 
SInGAPORE_AIR
Posts: 11619
Joined: Mon Nov 13, 2000 4:06 am

RE: Qantas Slams SIA

Thu Jun 21, 2001 12:23 am

I think it is very hypocritical of Geoff whatever to go running to the authorities. Imagine this. If QF won, they would be dominating. To cut a long story short. QF "lost" the battle with SIA, and the kangaroo is going to the first-aid box.

I second what KrisWorldB777 has already said.

What is also important is that SIA are investing 500 Million USD into the ANZ Group, mainly on fleet replacement. Also, don't forget the Celestars going to AN. I think the Australian homeland will be invaded shortly by SIA.

And actually, face it. Why is Geofffy running the authoriites? Shouldn't he be going to ANZ to make them look over the deal again? Not good PR with ANZ. What chance with them now? As much chance as me having BA as my favo(u)rite airline. Normally I would give people credit for being so persistent, but this time I won't/

Of course SIA is a business and it must make money. Cheong wouldn't have done this if there wasn't something for SIA (and also ANZ / AN as well). Poor them, must be in yoyo world. Anyway, SIA with the help of ANZG are going to make the three a formidable force in the A-P region and what does this mean? Lower prices and in the case of AN and ANZ, better planes.

Virgin Blue: ?/
Impulse: No where

Time will tell really. Although I'm excited, it will take ages for this deal to go through. Bloody Bureaucracy. ANyway,

"It would be unprecedented for the Singapore government to control its own airline, Singapore Airlines, as well as Air New Zealand, Ansett Australia and Ansett International. This would not happen in any other part of the world," said Geoff Dixon, Qantas chief executive. (Good for them)

Mr Howard said he would be holding further talks with Qantas' management and that he wanted the airline's "legitimate interests" to be protected.

"Qantas is obviously concerned. I want to hear what their concerns are," he said.

But he added that the government was also interested in maximising competition and did not aim to become involved in commercial decisions unless there was a strong national interest."
Anyone can fly, only the best Soar.
 
QANTASforever
Posts: 5794
Joined: Tue Apr 03, 2001 6:03 am

The Real Problem.

Thu Jun 21, 2001 5:59 am

I find it most uncomforting to hear you all speak of airlines like they are countries oppressing the population. It seems to me that most of you do not realise that these organisations are there to make money, not friends. How can you possibly make an airline such as QANTAS to appear cold and clinical purely by a recent interview with the CEO?? Dixon is a businessman, he makes money so his shareholdes are happy and so he can pay his employees, If he was "nice and charismatic" and perhaps didnt run the airline as well, 26,000 employees would be looking for a job. Cant you people just face the fact that Qantas is here to stay and stop ridiculing it just because it is on the top.


And another thing, it was the Australian Government that stepped in on this issue by itself, its not like what was nievely written; Dixon goes to the australian government like a child to its parents.


A lot of people here need to pick on an airline their own size, I tend to think however, if Qantas was smaller, it wouldnt be picked on at all. Its the truth and you all know it.
Fighting for the glory of the Australian Republic.
 
Mr.BA
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RE: The Real Problem.

Thu Jun 21, 2001 9:12 am

I totally agree with QANTASforever.

alvin
Boeing747 万岁!
 
v jet
Posts: 757
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RE: Qantas Slams SIA

Thu Jun 21, 2001 9:18 am

Will be interesting to see in the future if necessary who N.Z. will go running to for defence assistance. Aust Govt. or Singapore Govt. Did'nt N.Z. recently scrap their air force to rely on Australias capabilities. Hmmmm I'm sure someone will correct me if my last statement is incorrect. SQ is one of the most un-coperative airlines I have had to deal with. If this goes thru I sincerely hope they dont decimate Air New Zealand with their attitude. NZ is too good an airline for that to happen to.
 
RAAFController
Posts: 124
Joined: Wed May 30, 2001 9:50 am

RE: Qantas Slams SIA

Thu Jun 21, 2001 12:04 pm

V Jet,

Yes, NZ did 'scrap' their air force....well the combat components anyway. They still have some transport aircraft, but not much.

As for relying on Aust Capabilities, I don't think you would get them to admit that, its more a case of them claiming there is no direct threat, so no need for an airforce. And in all honesty, their previous 10 combat aircraft wouldn't have done much anyway
 
wirraway
Posts: 1294
Joined: Sun Mar 25, 2001 4:32 am

RE: Qantas Slams SIA

Thu Jun 21, 2001 2:48 pm

From what I've read there appears to be no reason
at this stage that Air NZ could not sell a direct stake
in Ansett to SIA at a later date, unless the NZ govt
made that a stipulation for giving SIA a bigger shareholding in ANZ.

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

RE: Qantas Slams SIA

Thu Jun 21, 2001 4:21 pm

No new comments on this so far from me  Smile/happy/getting dizzy
Anyone can fly, only the best Soar.
 
Qantas737
Posts: 714
Joined: Thu Jul 13, 2000 8:34 am

RE: Qantas Slams SIA

Thu Jun 21, 2001 6:57 pm

Qantas is going down?!?!?!? What kind of childish comment is that? It's sad to see posts like this in the forums. There is no reason to be bias. You should also take note that over 450 jobs were lost when Queensland regional airline Flight West Airlines went into voluntary liquidation 2 days ago. This was due to Qantas being knocked back. If Qantas was able to get hold of AirNZ, then SQ would have taken over Ansett and increased their funds greatly which would have allocated more funds to help the regionals that Ansett overlook.
 
tullamarine
Posts: 1612
Joined: Thu Aug 05, 1999 1:14 pm

RE: Qantas Slams SIA

Thu Jun 21, 2001 7:13 pm

Qantas737, your remark that the collapse of YC is in anyway related to the proposal by QF or SQ to increase stakes in NZ is absolute rubbish. In fact YC had gone into liquidation prior to NZ's board meeting being completed and an announcement made.

The competitive environment in regional Australia has meant that YC is unable to continue profitable operations. AN had absolutely no equity participation in YC. It was wholly owned by Dennis Buchanan. AN had a commercial relationship with YC only.
717,721/2,732/3/4/5/7/8/9,742/3/4,752/3,762/3,772,W,310,320/1,332/3,388,DC9,DC10,F28,F100,142,143,E90,CR2,D82/3/4,SF3,AT
 
QantasAirways
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RE: Qantas Slams SIA

Thu Jun 21, 2001 7:26 pm

INDEED, there is no reason the bias.
In no way (through my opinion) is Geoff Dixon a sore loser. He is simply reacting the way most other CEO's would at a big oppurtunity like that.

Unfortunately, I do not support Singapore Airlines (being one of my favourite carriers) in their move. And along with somebody else in this forum, I agree that seeing Qantas linked with Air New Zealand would make me much more satisfied.
However, SIA have made the move they think is best, and I certainly hope that this damned move is worth an Australian carrier surrendering its sovereignty to a larger airline.
Helping an already large airline grow is a terrible move for the smaller carriers, and they have indeed surrendered themselves to Singapore Airlines (in a friendly way ofcourse)
Spirit of Australia
 
wirraway
Posts: 1294
Joined: Sun Mar 25, 2001 4:32 am

RE: Qantas Slams SIA

Thu Jun 21, 2001 10:07 pm

Qantas737
Tullamarine is absolutely correct that Flight Wests
demise had nothing at all to with SIA/QF, FYI Flight
West has been on the market for a long time, but
unfortunatly no buyer could be found.

Wirraway
 
airnewzealand
Posts: 2310
Joined: Sat Oct 21, 2000 6:00 pm

RE: Qantas Slams SIA

Fri Jun 22, 2001 8:28 am

Why does everyone thing that "Qantas is going down" is some sort of childish Comment?? You guys weren't saying that when youse (Qantas fans) were dominatiing were you now?? NOw It is AirNZ/Ansett Australia and SQ's time to flourish, you guys are getting all snotty about it!!
Lay off it guys, now you guys are getting a bit of your own medicine and you donot like it!!
Get a Life!!

Cheers
mikey

PS: Nohing Rude meant, i am just very angry and Fustrated!!
 
Guest

RE: Qantas Slams SIA

Fri Jun 22, 2001 11:52 am

"You guys weren't saying that when youse (Qantas fans) were dominatiing were you now?"

First of all, Didn't your mother ever tell you that 'two wrongs don't make a right'. and Secondly Just because a couple of QF supporters made STUPID comments doesn't give you an invite to make childish, stupid comments. Just because a few people have made these stupid coments it doen't mean that they aren't childish.


WAKE UP 2 YOURSELF.

I am biased, Biased towards ANZ and QF So dont start on me, The only reason for my bias is because both ANZ and QF are their countries main airline. My mother is a KIWI and my father is a Aboiginal Aussie which is why i support QF and ANZ
 
airnewzealand
Posts: 2310
Joined: Sat Oct 21, 2000 6:00 pm

Brunei Air......

Fri Jun 22, 2001 1:55 pm

I except your opinion, and it is a very good one at that!!

My mother did tell me that, but when you are so Fustrated and Angry at these people, that by the way were saying way nastier things than..."Qantas is going down," you will say things that just come to your mind!! You donot think about what you say!!

Also, people get the wrong impression i am trying to state.... I am not stating that they are going to go bankrupt or anything like that, just that they are going to come out second best!! Which in my opinion is what will happen!!

Cheers
mikey

 
Jubilee777
Posts: 502
Joined: Thu May 20, 1999 10:34 pm

RE: Qantas Slams SIA

Fri Jun 22, 2001 4:03 pm

Nothing much has changed in SIA's position since it first bought into Air NZ. SIA has all along maintained that it wanted a bigger stake in the New Zealand airline, up to 40%, lsee than the controlling 50%

Australia had previously been prepared to grant SIA a 50 per cent direct stake in Ansett when Rupert Murdoch's News Corp wanted to dispose of its stake in the Australian carrier. So a 40% in AirNZ = 40% in Ansett is still lower than 50% approved by the Aussie govt, therefore, don't see the need for Aussie to be involved. The decision lies in NZ govt.

Mr Dixon, having been rebuffed by both the Air NZ board and SIA, is appealing to the emotions of fellow Australians. But in so doing, he is depriving Ansett of the new capital injection it sorely needs for its fleet replacement and upgrading.

J777