Could the long dreamed of NZ/QF merger be back on the cards again, surely the two governments would be very open to an option that means they don't have to fork out money to save either of the two airlines.
Who can rule anything out right now. I'd be pessimistic about it though. We're significantly smaller than Australia. Would New Zealand see the benefits it deserves out of the deal. Assuming this is a merged airline with cash injection from respective governments?
QF will be hurting as much as NZ and may require significant help themselves.
I'd be pretty comfortable the government would step in again if required. So it won't end the airline.
I'd take it one step further and say the odds of a major bailout are close to 100%. NZ is a key piece of infrastructure, and the New Zealand government is still a 51% shareholder.
It all depends how long it goes for. I'd say the 16 day restrictions will be extended. Maybe some respite for Tasman flying at this point but that's all.
It's such a fluid situation. I can't recall if it was SARS, H1N1 or another gloabl event. There was some wild "fun fact" type message for reassurance around how long the airline could exist for if it was grounded. It was surprisingly very long, I could well be wrong but I think it was 12 months.
Can't stand back and say it's still the case or what other circumstances there were as it's just a vague memory right now.
There was some concern obviously given that Ansett back then was still very fresh.
I hadn't actually thought about the airline's helpline. Was thinking more about the government virus hotline, Healthline, that is already severely understaffed and stretched.
Yeah my understanding of furlough is forced unpaid leave, but rehiring as soon as whatever crisis has passed.
NZ-QF merger? Won't help anyone in the short term. It's hunker down and ride itn out territory now. But yes I'd say NZ is pretty secure with its majority shareholder being the government.
Oh right, well from what I've been told the NZ customer service teams are unable to keep up with demand. To the point where you can't even connect to the 0800 team as there's no available waiting lines. Didn't even know call centers had this problem. I believe other unused NZ staff are being brought in to help where they can but to change bookings etc it requires pretty complex and lengthy system training.
Yeah, I've never heard of that here.
It'll be interesting to see what the PM announces tomorrow in this package.
Agree with merger. Way too soon to consider anything seriously. We could have open borders again in 30 days. We just don't know.