If Australia is only big enough for "one and a half airlines", where does that leave NZ and AIR?
https://www.abc.net.au/news/2020-04-...lines/12169620
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If Australia is only big enough for "one and a half airlines", where does that leave NZ and AIR?
https://www.abc.net.au/news/2020-04-...lines/12169620
Scott Morrison saying NZ will be the first country that Australia reconnects with and highlighting how well both countries are doing containing the virus.
My my gut instinct is we'll have a trans Tasman air market by Xmas.
Was that an aggressive play on the stock market - or an aggressive play by parking some of their redundant planes on NZ tarmac?
The latter. AIR would be hoping that Jetstar is gone from the NZ market, but then Qantas might decide to ramp it up and really put the margin squeeze on AIR, while they are on the ropes. Probably not going to happen, it wouldn't be good for either nation to have only one domestic carrier spanning both.
Not going to happen. Any party looking to acquire a shareholding of 10% or more in AIR must get permission from the N.Z. Govt.
The question is if the Govt end up with a 80-90% stake in AIR after the major recapitalization it needs will they pull up the draw-bridge in terms of who is allowed to fly within N.Z. ?
All international AIR staff to be tested, (not before time) https://www.nzherald.co.nz/business/...ectid=12327130
Has any one considered what a recapitalised & reorganised Virgin Australia is likely to play here ?
It could be that they have their act together considerably faster than AIR
If they re-established an early stronger presence here, it could be to AIR's detriment..
You'd hope so, but this is the Aussies we're talking about... Qantas and their shareholders don't want to be seeing all those planes of theirs sitting dormant...
Sorry Beagle, I should have stated I was thinking a battle for the skies, not one on the stock exchange.
Indeed. That's another reason why it's concerning AIR don't crack on with the reset they need to do.