Not likely. CEO will be appointed by the parent, ANZ Bank, and they will want a banker, ie one of their own choice, in the CEO's job.
Printable View
Moving back to AIR, interesting to see where yields head with all these discounted airfares in the past few months. Some of the lowest prices I have ever seen on AIR. Instead of being a premium over the competition for once they have been the cheapest by some margin.
The best thing Wing Commander Luxon did was pull the rip cord on Virgin(Under Arm Bowlers Division) and push them out of the plane.
His biggest missed opportunity was failing to flog Cullen Airlines off to Etihad when they were paying silly money for airlines. Now that Etihad is in a financial stall the taxpayers could have brought it back at a large discount. Think of the transaction as a reverse Cullen.
Boop boop de do
Marilyn
If I was the Emir of Etihad I would be offering Wing Commander Luxon gold frankincense and myr to entice him to take on the job of sorting out Etihad.
He could even offer Michael Cullen a supporting role where he would hide in a cupboard and when the Wing Commander wanted advice he opens the door asks for advice and then does the opposite.
Boop boop de do
Marilyn
Interesting news out of the Paris Air Show, the new A321 XLR has been announced, a slighter longer range aircraft with better economy on this mid distance trips. Qantas and Air Asia converting their A321 orders into the XLR variant. I wonder if AIR would do the same, especially given the competition with Jetstar. It would give them huge coverage in the Asia market.
https://www.youtube.com/watch?v=zLfyOd3Vedk
Asia is not "mid distance"
JIT with a know weak line in supply...
https://www.stuff.co.nz/business/113...ipeline-damage
https://www.stuff.co.nz/the-press/ne...church-airport
Second incident recently I understand.
Co-incidence hopefully.