iscover
Reach for the stars. Ansett's first long haul 747 international service (after having flown to Bali for a year now) departs Sydney bound for Osaka's brand new Kansai international airport on September 4. This historic first service was operated by VH-INJ, and 160 passengers were on board. (Craig Fraser)
Airline Affairs
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Ansett’S Good Result
With the float of at least some of its shareholding tipped for the not to distant future (refer P16, AA Sept ’94), Ansett Australia has announced a pleasing result for the 1993-94 financial year. Ansett Australia Holdings (formerly Ati) reported an after tax (but before abnormals) operating profit of $139.9m for the year, compared with $27.8m the previous year. Revenue was over $3bn ($2.7bn in 1992-93) and continuing attention was paid to cost and debt reduction, while more than $100m was raised from the sale of none core businesses and surplus assets. Debt repayments of more than $300m were paid, and to top off what was a big year for Ansett, international services (initially to Bali) were launched. As a private company, Ansett is not obliged to make its results public. The fact that it is (after many years of silence) tends to add credence to the float share theory.
New Frequent Flyer Plan For Non Frequent Flyers
A new points plan has been developed by Loyalty Pacific Pty Ltd that aims to reward customers of participating companies by giving them free air transport and accommodation rewards. The programme was launched in August with a multi million dollar advertising programme and features air travel rewards by both Qantas and Ansett. Participating consumer organisations in the loyalty scheme include K Mart, Coles, Myer, Shell, National Australia Bank, Grace Brothers, Liquorland, Katies and Red Rooster. The scheme essentially works on an earning ratio varying from one point for a $10 purchase at Red Rooster to two points for each $40 spent via a National Australia Bank credit card. Most companies hover in the $20 per point range while a minimum of 850 points are required to achieve a return economy Sydney/Melbourne ticket. The real winners will be the airlines as shopping at Coles supermarkets you would need to spend $21,250 to get a Sydney/Melbourne economy ticket worth at the most $494 or if you plan ahead a little you can get it for the max discounted rate of just $189 return. Petrolheads however fare better than grocery shoppers as Shell allows substantially more points whilst Red Rooster go all the way and offer 2 point for each $10 you invest in their chickens. Aa recommends this scheme for owner driver Kenworth operators who ply the Hume at least three times weekly and have families of six or more hungry dependants with a fetish for chicken.
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