Is 'sweating the asset' and screwing the customer really the way to lift airline profits?
Friday’s soon to be formally accepted offer by Virgin Australia to buy 40 per cent of Tigerair for $1 isn’t the first time such a gold coin has been the price for all or part an Australian domestic airline.
The somewhat sad if not bizarre Ansett ad that ran in The Age earlier this month raises the essential question as to whether or not dead airline brands should be revived. An advertising executive called Peter Schooling is claimed to be the author of this exercise in this report. I don’t even know if he […]
Etihad has now bought a minority stake in two airlines in two months, acquiring 29.21% of voting rights in Air Berlin in December for € 72.9 million and announcing today an MOU for 40% equity in Air Seychelles for $US 20 million, in conjunction with a matching equity injection of $US 20 million from the […]
This is the 4th and final extract from an Ansett dossier in a series of articles about the 10th anniversary of the collapse of the airline on 14 September 2001 Article 1 is The Twin disasters of September 2001 Article 2 is Extracts from the Ansett files, before the towers fell Article 3 is The […]
This is the third in a series of articles marking the 10th anniversary of the collapse of Ansett Airlines on 14 September 2001 Article one is The twin disasters of September 2001 Articles two is Extracts from the Ansett files, before the towers fell 5 September 2001, the morning after the cheque ripping incident, is […]
In the days immediately before Ansett’s first receivers padlocked the terminals on the morning of 14 September 2001, even before the last midnight horror from Perth to Sydney could unload its passengers, it became clear to everyone, even those who were in denial, that the airline was in severe crisis. Ansett was 100% owned by […]
With no disrespect to the terrible events of 11 September 2001 there was another disaster in that month in Australia as financial collapse came to Ansett. It took a story of the magnitude of the mass murder that occurred in Manhattan, Pennsylvania and at the Pentagon on that day to consign the, to many people, […]
Very old Australians may remember the fabled blue lagoon at Hayman Island where Reg Ansett opened the Royal Hayman in 1950. It was extolled in the magazines of the day as a place where the deep and recent scars of World War II could heal, and the fears about the Korean war and the Red […]
The last vestiges of the Ansett fleet of 134 jets are to be broken up for spare parts and sold for an estimated $900,000 by KMA, the Korda-Mentha administrators . These parts will come from two BAe 146 jets the administrators are repossessing from European operator Orionair which has been unable to meet its commitments […]