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Re: [sharechat] Hulun Clucks contribution to Air N Z Debacle

From:	"DR" <kat47@bigfoot.com>
Date:	Wed, 26 Sep 2001 21:40:24 +1200

I revisited that comment by the PM.

Perhaps what she could have said (and perhaps meant to say) was that AirNZ would survive and be trading OK for the travelling public's confidence, "IN SOME FORM" and of couse not necessarily under the mantle of the present inept major shareholders. The present shareholders are totally dispensable and they are not the people of New Zealand and the travelling public. The Government has absolutely no obligations to the shareholders who allowed their board to get them where they are today.

IMHO the present executive is probably adequate but they could not achieve anything with that massive weight on their shoulders.

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