Bonza has its AOC
Suggest not using Avgas in a 737.
They did not say $50 tickets. Pay attention. They said around $50 per hour flight time.
Well done and good luck. We need more pressure in the job market and passengers deserve a choice.
They did not say $50 tickets. Pay attention. They said around $50 per hour flight time.
Well done and good luck. We need more pressure in the job market and passengers deserve a choice.
Interest Rate 0.25% - 3.25% and predicted to rise, Wage growth stagnation, The Big 2 states property price falls, Elon only lost a few Billion, Power/food/fuel record highs.
Property prices dropping from a record high period is not a tanked economy.
Household bills are high, again not tanking.
Elon Musk lost value on shares he owns, he has not lost money. Even if he had what does that have to do with the Australian economy ranking?
Bonza are entering a busy market when the incumbents are not providing a good service for a reasonable price.
Good luck to them.
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Fixed rates really start falling away in June, estimated rates 3.85-4%. It won't be just Bonza feeling the pinch. Rex would be wise to start signing some corporate contracts before the tsunami hits.
Is some early data out that retail sales are trending backwards. That then generally flows over to leisure airline travel. People need to start belt tightening, stop the spending and start saving. Relief for home owners is likely still 18-24 months away.
Market aside, Bonza would have budgeted losses for the first few years so I doubt they are too worried, they know they are in red ink first up regardless. The others are now comfortable as mentioned above, charging unreasonable prices for poor quality service, while exectutives are upgrading KPIs and laughing all the way to the bank while pax luggage goes walkabouts. They need to be held to account for that.
Is some early data out that retail sales are trending backwards. That then generally flows over to leisure airline travel. People need to start belt tightening, stop the spending and start saving. Relief for home owners is likely still 18-24 months away.
Market aside, Bonza would have budgeted losses for the first few years so I doubt they are too worried, they know they are in red ink first up regardless. The others are now comfortable as mentioned above, charging unreasonable prices for poor quality service, while exectutives are upgrading KPIs and laughing all the way to the bank while pax luggage goes walkabouts. They need to be held to account for that.
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If interest rates had dropped to their current level the media would be telling us how good the low rates are.
Property prices dropping from a record high period is not a tanked economy.
Household bills are high, again not tanking.
Elon Musk lost value on shares he owns, he has not lost money. Even if he had what does that have to do with the Australian economy ranking?
Bonza are entering a busy market when the incumbents are not providing a good service for a reasonable price.
Good luck to them.
Property prices dropping from a record high period is not a tanked economy.
Household bills are high, again not tanking.
Elon Musk lost value on shares he owns, he has not lost money. Even if he had what does that have to do with the Australian economy ranking?
Bonza are entering a busy market when the incumbents are not providing a good service for a reasonable price.
Good luck to them.
Their COMMERCIAL propositions make most people ask "just how bat**** crazy are they, big jet on thin,thin routes..." which I think is a fair question, CoolAid drinkers may disagree.
Congrats on the AOC, where they are in 6-12 months, and on what routes, will be interesting to see.
Have to wonder if there's a far, far, far bigger "picture" they envisage now that they are a legally entitled airline.
Cheers
You left out Compass 1 and 2 and another one that I can't remember the name of that didn't actually get airborne. Of course, the most famous one is Ansett which by all reports went under only a few weeks before VA were going to
Have to wonder if there's a far, far, far bigger "picture" they envisage now that they are a legally entitled airline.
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12 months is good.. My bet is August 2024… any takers?
777 partners should have stuck to Flair Airlines in Canada.
Before all you keyboard knights in shining armour pile in on me for bagging Bonza out… they really don’t have a business model that’s any different to those that have been tried in the past. They’re just launching from a different base. Then look at the flights from Melbourne… Mildura, Port Macquarie, Tamworth on a 737 max 8 up to 3 times a week … come on
777 partners should have stuck to Flair Airlines in Canada.
Before all you keyboard knights in shining armour pile in on me for bagging Bonza out… they really don’t have a business model that’s any different to those that have been tried in the past. They’re just launching from a different base. Then look at the flights from Melbourne… Mildura, Port Macquarie, Tamworth on a 737 max 8 up to 3 times a week … come on
Bonza will be interesting to watch.
Ryanair’s business model without millions of customers and the subsidies they get from councils ……wow ! What a gamble..
also QF will be watching closely their profitable routes (if any), then most probably have Alliance’s aircrafts on those sectors.
anyway, good luck to Bonza. 👍
Ryanair’s business model without millions of customers and the subsidies they get from councils ……wow ! What a gamble..
also QF will be watching closely their profitable routes (if any), then most probably have Alliance’s aircrafts on those sectors.
anyway, good luck to Bonza. 👍
As I said many posts ago I would not be surprised if the business model changes.
Fact is they now have the max that can fly to Bali without that pesky fuel stop when conditions are not perfect and don’t need to offload pax or bags.
Yes many more hoops to jump through but I still see Bonza as the perfect aircraft for Bali.
Fact is they now have the max that can fly to Bali without that pesky fuel stop when conditions are not perfect and don’t need to offload pax or bags.
Yes many more hoops to jump through but I still see Bonza as the perfect aircraft for Bali.
We can compare 1 announced route MEL-MCY
Best current fare I can find is $133 JQ
Bonza stated $50 per hour right
Not knowing if this is time in the air or gate to gate....
Gate to gate approx. 2 hours 20 minutes for $116 on AB
So around 12% cheaper
Time in the air would be significantly less than this however
Would JQ be able to sustain, not just matching, but bettering this price long term?
Would even QQ/QF be able to get a return at this level on say Mildura to Maroochydore?
Would the $50 per hour on AB be just the promo fare for the first, say 60 seats, then incrementally increasing or for the whole flight?
Would JQ or QQ/QF match if AB sold every ticket at $50 per hour?
if a miracle happens, and some sectors were profitable, then JQ or AA would jump into it…..and why not ? 😎
the QF group doesn’t care who or where they fly, they only want to make money.
Fantastic news….Well done Bonza!
What all the armchair warriors said wouldn’t happen has just happened….oh well back to flight sim and bagging Rex for them I guess.
Looking forward to seeing you on the Tasman and flying domestic in NZ.
What all the armchair warriors said wouldn’t happen has just happened….oh well back to flight sim and bagging Rex for them I guess.
Looking forward to seeing you on the Tasman and flying domestic in NZ.
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Bonza will do OK. Due long lead in time from first whisper to AOC issue people have become aware and interested in the possibility of this airline actually existing. 777 Partners will be relying on creating marketing strategies to entice first time flyers to climb aboard Shazza. Keep it simple and straightforward Bonza and your aircraft will push back full.
Yes AB could fly to NZ, but that's about it for international
So why is it that a foreign company or airline can set up in Australia and fly domestic, but can not fly international?
It actually does not make any sense.....
It's well known that domestic operations is where QF makes most of it's money, yet someone like SQ could set up in Australia and compete with no issues
Yet
SQ can not fly, for example Sydney to Hong Kong non stop, however they can compete 1 stop
Same with the ME3 to Europe
So if AB wanted to have a crack at Asia as an ULCC, why should they not be able to
Would it not be better to have an Oz based and Oz crewed ULCC operating into Asia even though some profits end up overseas rather than leave it to foreign owned, based and crewed carriers?
If interest rates had dropped to their current level the media would be telling us how good the low rates are.
Property prices dropping from a record high period is not a tanked economy.
Household bills are high, again not tanking.
Elon Musk lost value on shares he owns, he has not lost money. Even if he had what does that have to do with the Australian economy ranking?
Bonza are entering a busy market when the incumbents are not providing a good service for a reasonable price.
Good luck to them.
Property prices dropping from a record high period is not a tanked economy.
Household bills are high, again not tanking.
Elon Musk lost value on shares he owns, he has not lost money. Even if he had what does that have to do with the Australian economy ranking?
Bonza are entering a busy market when the incumbents are not providing a good service for a reasonable price.
Good luck to them.
They only ever drop from record highs - never seen 1 drop from a record low (ever!!!!)
I am OLD & never ever seen such high food/fuel/basics increases even when the 1st Gulf war started & fuel went thru the roof.
Elon & the rest correctly do NOT HAVE MONEY - but much of all our SUPA is in the stocks - so the Australia link just for you.
Many will get very hurt very soon - but obviously it is not the economy tanking but the fact we still use gas stoves.