Virgin seeking $1.4bn bailout., page-143

Only thing more terrifying for Qantas is - SQ buying Virgin Australia.

Singapore Airlines has long wanted to fly AUS-USA but Aust government has knocked back. By buying VA they would pick up these rights via VA and as a bonus all the feeder domestic traffic for their Asian /Middle East and European network.

Watch this space.

I also think it would be attractive for Air NZ but after getting their nose well and truly bloodies losing around AUD$800 million with Ansett failing, think they wold be reluctant to try again. They werein such a bad shape after the Ansett failure the NZ Government had to recapitalise them to keep them operating.

Disclosure - I work with both Air NZ and Qantas in the past, so know how they work from within.

I have been 45 years in travel industry.

Resolute.-

3000+ posts.
This information is in my optionand not financial advice, or necessarily a fact.