Kind of sad to see Origin Pacific finally shut its doors completely, especially after it looked like they may have rescued themselves from bankruptcy earlier this year. I quite liked some of the innovations they brought to the table with their five flight click strips, and a greater accessibility to standby tickets.
However they were always going to struggle against the might of another player that could get free $300 million capital injections. Just like the Overlander.
Tags: nz, newzealand, origin
Friday, August 11, 2006
Bye Bye Origin Pacific
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4 comments:
It's OK the Govt will bail them out, that is what they do for failing airlines.
The little companies in this country get so few perks—you either have to be a big player, or a foreign-owned enterprise … hard luck for Kiwis wanting to make a real go, I reckon. OP will be missed, and let’s hope the passenger service won’t die altogether.
Burt - unfortunatly this Government is only interested in propping up the "winners" that it picks; Air NZ, the failed superyacht yards etc.
I fail to recall finding much meaningful assistance for SME's at all. The main help that is out there for those people are all private enterprise. Although I guess there isn't any real surprise there.
Jack - it is hard to disagree at all.
Especially when one looks at the barriers to expanding beyond a single person / partnership agreement and the instant escalations in risk involved.
It is easy to see why we are a country of great ideas that fail on expansion and exploitation.
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