Re: airlines and privatization

[Bill Rosenberg <w.rosenberg@xxxxxxxxxxxxxxxxxxx>]

A wonderful example of how privatised companies (Air New Zealand) are run so
much better than state-owned ones and are no longer a drain on the state ...

Bill

Rob Schaap wrote:
>
> http://www.abc.net.au/news/newslink/default.htm
>
>                           Crisis talks aim to keep Ansett from
>                           receivership
>
>                           Frantic negotiations are underway on both sides of
> the Tasman in a
>                           bid to save Ansett Airlines from falling into receivership.
>
>                           The Australian Government is coming under renewed
> pressure to bail
>                           out the troubled carrier.
>
>                           While it is business as usual for Ansett at
> Australian airports today,
>                           the airline's future is anything but certain.
>
>                           The New Zealand Cabinet has been meeting in
> Wellington to discuss
>                           financial assistance for Ansett's parent, Air New
> Zealand in a deal that
>                           could see Ansett jettisoned.
>
>                           Air New Zealand's acting chairman Jim Farmer says
> the responsibility
>                           of both the New Zealand and Australian Governments
> are clear.
>
>                           "I suppose one might argue that the Australian
> Government should
>                           express a similar responsibility for what is
> essentially an Australian
>                           airline," he said.
>
>                           Air New Zealand's chief executive Gary Toomey has
> spoken to the
>                           Prime Minister John Howard in Washington this
> morning, while in
>                           Canberra the Transport Minister John Anderson has
> been in talks with
>                           other Ansett executives as well as those from other airlines.
>
>                           Air New Zealand's share price meanwhile continues to
> nose dive as
>                           the company's board prepares to meet to make a final
> decision on
>                           Ansett's future.
>
> ...

The content of this message is provided in my private capacity and does not
purport to represent the University of Canterbury.