Another narrow escape


ricohflex

Senior Member
Feb 24, 2005
3,353
8
38
sing
#1
Once upon a time, there was talk of merging the 2 national carriers SIA and Qantas. The idea was scrapped by OZ though SG was keen. Soon after, Qantas dropped Singapore as its overseas hub; joined Emirates alliance and moved its hub to Dubai. So after Qantas did all that, what happened?

Whew.

A lucky escape for SG. Singapore must have some guardian angel protecting it from its own foolishness (of wanting to merge with Qantas once upon a time).

Qantas to cut 1,000 jobs and report loss of up to $300 million for first half of financial year

Qantas shares hit record low, days after the airline's credit rating was downgraded to "junk" status
 

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donut88

Senior Member
Nov 14, 2008
2,182
5
0
#2
How to trust aussies in doing business?

Like how they describe the land of Australia; "Big and Empty". It also applies the Australian ppl
 

d2xpeter

Deregistered
Dec 6, 2012
1,283
4
0
55
singapore
#3
Once upon a time, there was talk of merging the 2 national carriers SIA and Qantas. The idea was scrapped by OZ though SG was keen. Soon after, Qantas dropped Singapore as its overseas hub; joined Emirates alliance and moved its hub to Dubai. So after Qantas did all that, what happened?

Whew.

A lucky escape for SG. Singapore must have some guardian angel protecting it from its own foolishness (of wanting to merge with Qantas once upon a time).

http://www.abc.net.au/news/2013-12-...0-job-cuts-and-loss-of-up-300-million/5136364

http://www.abc.net.au/news/2013-12-10/qantas-shares-hit-record-low/5147518
Ya lah, what is LKY for. He is the guardian angel. LOL
 

ricohflex

Senior Member
Feb 24, 2005
3,353
8
38
sing
#5
Amazingly, some one even wrote a book about it. The book has been on sale for some time now.





The CEO took a multi-million bonus on top of a multi-million yearly pay.
The $5 million man: Qantas boss Alan Joyce booed over sky-high payrise


When Qantas is failing, it steps up campaign for taxpayer assistance.
Qantas wants OZ government to bail it out, just like what Italy did for Alitalia; and India did for Air India.
But new OZ PM tells Qantas management to take responsibility for the airline. Correct.

Qantas has to fight its own battles, Tony Abbott says
 

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Octarine

Moderator
Staff member
Jan 3, 2008
12,488
26
48
Pasir Ris
#7
How to trust aussies in doing business?
Like how they describe the land of Australia; "Big and Empty". It also applies the Australian ppl
Congratulations to such a profound and thorough analysis of an entire continent ... Is that Singapore education? :bsmilie:
 

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