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Re: [sharechat] AIRNZ - Snoopy

From:	"Christopher" <devereux@voyager.co.nz>
Date:	Tue, 17 Apr 2001 21:29:16 +1200

Hi, to what extent do you think the problem was foreseen by Singapore Airlines before they became involved? I find it hard to imagine that they were unaware of the extent of Ansett's woes, although they could not have reasonably been expected to be aware of the grounding of the 767s by the CAA. Is it possible they always intended to purchase the initial tranch of 25% of the comapny, via the B shares, and then wait for the inevitable to happen, ie Ansett to begin showing stresses and strains of an older fleet and then go to the NZ govt and undertake to underwrite the necessary capital raising in return for the govt to allow the stake to go to 49%. Interested in your thoughts , or anybody elses.

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Re: [sharechat] AIRNZ - Snoopy Ken Donelan

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