Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Cullen interview with TV1 On Air New Zealand

Cullen interview with TV1 On Air New Zealand

4.35 p.m.

Q. Qantas has said no to Ansett, what ….about Ansett's likely future?

MC Air New Zealand is now moving to seek some sort of arrangement via the Australian Government…
It does emphasise that Ansett is in serious trouble, as we have been trying to indicate.

Q. Does it suggest though that if the Australian government doesn’t take this extraordinary precedent…[indistinct]

MC that’s been on the cards for sometime and its up to Air New Zealand to make a final decision, its always been a possibility

Q. What do you think the Australian government may do now because clearly this complicates if not delays matters?

MC They will want to look very carefully at it. There is significant problems [with it] it is their second major local carrier, it provides provincial routes – some of which are not covered by Qantas, and of course they are coming into an election campaign which makes life particularly difficult for the incumbent government. On the other hand there may be substantial costs in the kind of indemnity Air New Zealand is looking for. So we are in close contact with Mr Anderson's office….and no doubt they will keep in close contact with us.

Q.Does this prevent, given you don't have certainty about the Ansett part of the equation, does this prevent you from signing off the rescue package tonight?

MC. Well, we hope that we are still able to receive from Air New Zealand a coherent package that we can find acceptable. This has been going on for far too long, and contrary to what's being claimed by some people, it is not the government that has been delaying and extending this process. Clearly Air New Zealand has to make some sort of plausible statement tomorrow accompanying its financial statement. I think that plausible statement will be much better if it has a clear package which has been signed off.

Q.Do you expect to sign off when there is some much uncertainty about Ansett?

MC It does complicate matters, obviously, with that uncertainty remaining around Ansett…..I will be getting more advice on this later, we have a Ministers' meeting…as it remains the government is very keen to try to get a resolution.

Q.At the very least, what could happen tomorrow?

MC Well, particularly from Air New Zealand there has to be a plausible statement- which gives the creditors of Air New Zealand confidence about its future.

Q. [what about the]Qantas development?
MC Its one that we expected. We always thought the chances of Qantas buying Ansett were very much less than 50-50 so we are not surprised by this development.

Q.But it does expose whatever rescue package the shareholders are part of, a greater financial risk if Ansett is liquidated?

MC Certainly a greater financial risk than if Qantas had bought Ansett, yes.

Q.So the next 24 hours is likely to [be important]?

MC. I would hope so, but I have been thinking that for each of the last 24 hours.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Peters/Ardern Triumph

There are a lot of good reasons to feel joyful about this outcome. It is what so many young voters – the best hope for the country’s future – wanted.

Far more important than the implications for the Economy Gods ( is the dollar up or down? ) last night’s outcome will also mean many, many vulnerable New Zealanders will have a better life over the next three years at least.

Yet the desire for change was in the majority, across the country..>>>More


Labour on its agreement |Peters: Post-Election Announcement Speech | Greenpeace “cautiously hopeful” about new Government | ACT - Madman on the loose | E tū ecstatic | Chamber welcomes the outcome | Greens on their joining Govt | EDS welcomes new govt | Immigrant groups worry | Feds ready to engage new coalition government | Labour Ministers of the Crown announced


Climate: Increasing Greenhouse Emissions Hit NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate…More>>


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>


Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>


Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>


Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>


Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>


Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>




Featured InfoPages

Opening the Election