QANTAS - Singapore merger?

[Guest vh-tqp]

Qantas-Singapore merger stalls on runway

 

7:10 PM June 20

 

Singapore Airlines has expressed little interest in a proposed merger with Qantas that the Australian Government has floated, saying it will not happen any time soon.

 

A Singapore Airlines spokesman says the proposal outlined by the Trade Minister Mark Vaile and welcomed by Qantas, will not do anything to satisfy consumers who want more competition and choice on the trans-Pacific route.

 

Last week, the Government rejected a bid by Singapore Airlines gain access to the lucrative Australia-US route, which is controlled by Qantas and United Airlines.

 

Qantas had argued such a move would cut deeply into its profits, and cost thousands of Australian jobs.

 

- AFP

 

Source: AFP (via ABC)

 

I couldn't see much in this for SQ. However, given the rationalisation in the airline industry, give it 5-10 years and there will probably be some mergers in the big players in the area just to survive (QF/SQ/NZ ?)

 

Rob