Forum Archive Index - March 2000

[Nigel McCarter <n.mccarter@clear.net.nz>]

Unless of course it leaves QAN in an even more powerful postition


At 09:45 PM 3/14/00 +0000, you wrote:
>My broker advised me this morning that the word is spreading regarding
>Singapore Airlines’ buying of 25% of Air NZ, which will scuttle the
>Virgin attempt to land in Australia and leave Air NZ in an extremely
>powerful position both in Australia and internationally. 
>Of course I jumped in and purchased both AIRVA and AIRVB shares as
>the entry prices are still pretty attractive at the moment but aren’t
>likely to remain at these levels for too long as institutions and
>overseas investors are expected to wade in later today. Good to see
>extremely positive things on the horizon though for our national
>carrier.
>
>
>
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Nigel McCarter
Safety Management and Information Services Ltd
Box 23 019 Hamilton
Phone 64 7 858 2429 Fax 64 858 2689
Mobile 02 212 4901

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