Agree, Southern Lad, the devil is in the detail, and there was very little detail given…and should be.
I think we must presume both managements are actively working towards a positive ACCC outcome and this might just be another ploy for QAN to show they own AQZ totally in any event.
I remember a young rookie reporter asking Kerry Packer why he didn’t own his own helicopter and his response ‘why would I do that, I already have full use of a helicopter (Channel 9) whenever I want. Ownership by another name.
This move also serves as a reminder to Virgin that (a) QAN has the capacity to expand and (b) the most logical and easy source of plane capacity is now fully engaged.
I think this move hollows out ACCC’s potential negative decision.
Agree, Southern Lad, the devil is in the detail, and there was...
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