Originally Posted by
sbiddle
You've pretty much just explsined why NZ is not an SOE, and meets very few of the requirements to be an SOE.
I did not. In fact, while vary, one of the key definition of SOE is ownership.
The NZ Government's ownership in NZ is absolute majority. Also - its corporation document provides a special status to the NZ Government. These are the signs that NZ exists to serve a public purpose, i.e. a SOE.
Originally Posted by
sbiddle
The Govt (including the current one) have always said they will take a hands off approach to their ownership.
This is exactly why NZ is a SOE. Your statement actually indicates the NZ Government can indeed have the authority to control but choose not to do so.
Originally Posted by
nzkarit
If the government got too hands on with with AirNZ it would open them up the same issues which the ME3 get in the US for example.
Well...one consumer-friendly measure hardly raises to the level of caution.
Beside - many state-owned airlines have done more but still play nice with others. The ME3 problem is mainly due to the fact that ME3 abuses the advantages.