Frequent flyers for sale - the ultimate reward for Qantas

[oz_mark]

Interesting artcile from the SMH, regarding QFF.

Frequent flyers for sale - the ultimate reward for Qantas | smh.com.au

One of the great examples of corporate good fortune was the failure of Qantas management and private equity to privatise the airline last year. The debt market tsunami would have taken a devastating toll on a highly geared airline.

So much for plan A.

Plan B - to spin out some larger divisions - also has its troubles thanks to the fallout in equity markets. The first cab off the rank is to be the frequent flyer business and Morgan Stanley is already undertaking somework in readiness for a partial float.

 

[JohnK]

This is one of the topics that comes up regularly especially since the failed QF takeover bid last year. Yes a frequent flyer scheme may well be profitable but I do not think QF will privatise it.

Am I mistaken in thinking that Air Canadas Aeroplan is the only major frequent flyer scheme to be privatised? How many years ago did that happen and wasn't Air Canada in trouble?

 

[v8Statesman]

This is one of the topics that comes up regularly especially since the failed QF takeover bid last year. Yes a frequent flyer scheme may well be profitable but I do not think QF will privatise it.

Am I mistaken in thinking that Air Canadas Aeroplan is the only major frequent flyer scheme to be privatised? How many years ago did that happen and wasn't Air Canada in trouble?

I wonder of this will affect (if at all) PS, SG and WP?