RedratFurther to my last (I had to go to lunch) Air NZ is a leaner airline than QF. If QF had tried the same sort of AN buyup and failed in a similar manner I wonder if they could have survived like Air NZ have to-date.
Qantas would not have tried to enter into a deal where their aquity/debt ratio was so astronomically low :!:
I truely believe that now the ACCC has canned the joint Air NZ/Qantas arrangement it is only a matter of time.
I TRUELY HOPE I AM WRONG :!:
An ageing fleet and a shortage of markets does not go well for them. They require a lot more help than alliances and code share deals. They need joint business plans and their best option for one has just been trashed :!: