Oh no here we go again!

Thursday, 05 Jun, 2007 0

A report in the Sydney Morning Herald today says that there rumours of Singapore Airlines and Macquarie Bank launching a joint takeover for Qantas resurfaced yesterday.

The theory runs like this: Singapore Air could gain entry on the coveted Sydney-Los Angeles route if it took a stake in Qantas.

But there are some serious problems with this thinking.

Even if it snared Qantas, Singapore Air would still be considered Singaporean, and therefore barred from the route.

Singapore Air would also be restricted to owning 25 per cent of Qantas, thanks to the Qantas Sale Act.

And even if the Qantas Sale Act allowed it to own 100 per cent of Qantas, the Flying Kangaroo would then be considered a Singaporean airline.

And hence barred from the trans-Pacific route.

What do you think?

The Mole says that Singapore Airlines has been pretty unhappy with the Australian Government since the airline was prevented from buying Ansett and all sorts of other road blocks since then, including the Pacific!

No smoke without a little bit of fire perhaps?

Click on COMMENTS below  and let us have your views.

Report by The Mole



 

profileimage

John Alwyn-Jones



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...