Qantas in advanced merger talks with BA.
Dec 2, 2008, 6:01 am
#1
Original Poster
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Qantas in advanced merger talks with BA.
It was mentioned to me tonight that the front page of tomorows Fin Rev will report on QF in pretty advanced merger negotiations with BA.
In my opinion BA was always the most logical choice for the Red Roo nuptuals.
They have both been having an affair for many years, so it's only right they do the Charles & Camilla thingy.
Now looking at this senario (if it comes to pass) this will open for QF some new and very interesting propositions for the future.
It makes me think that maybe AA would be the next light at the end of the tunnel forming a very formidable triangle (Europe, North America & Australasia/South Pacific).
Or maybe i'm just dreaming.
It's just that QF have kept repeating a lot recently about airline consolidation.
Although on the down side, BA needs a fair bit love and care at the moment, the past couple of years have not been kind to her.
QF is lucky to be in the position it is at the moment l recon.
In my opinion BA was always the most logical choice for the Red Roo nuptuals.
They have both been having an affair for many years, so it's only right they do the Charles & Camilla thingy.
Now looking at this senario (if it comes to pass) this will open for QF some new and very interesting propositions for the future.
It makes me think that maybe AA would be the next light at the end of the tunnel forming a very formidable triangle (Europe, North America & Australasia/South Pacific).
Or maybe i'm just dreaming.
It's just that QF have kept repeating a lot recently about airline consolidation.
Although on the down side, BA needs a fair bit love and care at the moment, the past couple of years have not been kind to her.
QF is lucky to be in the position it is at the moment l recon.
Dec 2, 2008, 6:40 am
#4
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I like this paragraph from a Bloomberg report:
The two airlines are discussing a combination after the
Australian government eased restrictions on the ownership of
Sydney-based Qantas, the Australian Financial Review reported
earlier. The two companies would retain their individual brands
and national identities, the newspaper said, citing nobody.
The two airlines are discussing a combination after the
Australian government eased restrictions on the ownership of
Sydney-based Qantas, the Australian Financial Review reported
earlier. The two companies would retain their individual brands
and national identities, the newspaper said, citing nobody.
Dec 2, 2008, 7:01 am
#5
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I like this paragraph from a Bloomberg report:
The two airlines are discussing a combination after the
Australian government eased restrictions on the ownership of
Sydney-based Qantas, the Australian Financial Review reported
earlier. The two companies would retain their individual brands
and national identities, the newspaper said, citing nobody.
The two airlines are discussing a combination after the
Australian government eased restrictions on the ownership of
Sydney-based Qantas, the Australian Financial Review reported
earlier. The two companies would retain their individual brands
and national identities, the newspaper said, citing nobody.
Dec 2, 2008, 7:09 am
#6
Join Date: Dec 2004
Location: London
Posts: 6,265
At least we know the result can't be anywhere near as bad as that aborted private sector takeover which would have left Qantas near bankruptcy today...
Dec 2, 2008, 7:47 am
#7
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CNN article here: http://money.cnn.com/2008/12/02/news...ion=2008120209
WSJ article here (subscription may be required): http://online.wsj.com/article/SB122822660309172305.html
WSJ article here (subscription may be required): http://online.wsj.com/article/SB122822660309172305.html
Dec 2, 2008, 7:48 am
#8
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Dec 2, 2008, 9:21 am
#9
Join Date: Oct 2005
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Makes you wonder if a lot of his achievements were “right place right time” or the fruits of good management/leadership on his behalf.
Dec 2, 2008, 10:05 am
#10
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I like this paragraph from a Bloomberg report:
The two airlines are discussing a combination after the
Australian government eased restrictions on the ownership of
Sydney-based Qantas, the Australian Financial Review reported
earlier. The two companies would retain their individual brands
and national identities, the newspaper said, citing nobody.
The two airlines are discussing a combination after the
Australian government eased restrictions on the ownership of
Sydney-based Qantas, the Australian Financial Review reported
earlier. The two companies would retain their individual brands
and national identities, the newspaper said, citing nobody.
What's missing is the when and how the combined FF program would be rolled out.
This could also be a pre-emptive move by BA, given that the Australian government has eased ownership restrictions, not wanting to see QF merge with a competing carrier.
I say: ^^^.
Dec 2, 2008, 11:24 am
#11
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Wirelessly posted (BlackBerry8100/4.2.0 Profile/MIDP-2.0 Configuration/CLDC-1.1 VendorID/120 UP.Browser/5.0.3.3 UP.Link/5.1.2.1)
According to wire reports it was QF that made the first move and talks started in August.
According to wire reports it was QF that made the first move and talks started in August.
Dec 2, 2008, 12:45 pm
#12
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Dec 2, 2008, 1:07 pm
#13
Join Date: Jan 2001
Location: SYD
Posts: 2,437
Well, we called it first....
http://flyertalk.com/forum/showthrea...040&highlight=
It makes so much sense, the rationalization of services, crew, resource would be a huge cost plus to a BA-QA merger.
This would be the on set to a open skies in AU where the like of SQ will have the US route out of AU.
By which point the cost base of the new BA/QA would be competitive.
Smart move.!
http://flyertalk.com/forum/showthrea...040&highlight=
It makes so much sense, the rationalization of services, crew, resource would be a huge cost plus to a BA-QA merger.
This would be the on set to a open skies in AU where the like of SQ will have the US route out of AU.
By which point the cost base of the new BA/QA would be competitive.
Smart move.!
Dec 2, 2008, 1:23 pm
#15
Join Date: Jan 2003
Location: Sydney, New South Wales, Australia
Posts: 949
On ABC2 News Breakfast this morning, they did say British Airways is also seeking "synergies" with Iberia, Finnair, American Airlines and Royal Jordanian. They also mentioned Qantas had considered Malaysian Airlines while Singapore Airlines "has always been in the wings". Could we see the remote possibility, of a large oneworld entity?
Got to laugh at the Sunrise newspoll though....
"Should the brits buy Qantas? If Yes vote xxxx, If you are patriotic and want to save out flying kangaroo etc vote No xxxx"....as expected Yes 9%, No 91%....
Got to laugh at the Sunrise newspoll though....
"Should the brits buy Qantas? If Yes vote xxxx, If you are patriotic and want to save out flying kangaroo etc vote No xxxx"....as expected Yes 9%, No 91%....