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Old 15th Apr 2018, 03:44
  #142 (permalink)  
RealityCzech
 
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Interesting response. At no point did I claim to know what VAH shareholders want nor hold VAH up as a paragon of anything. These straw man arguments are irrelevant.

That's a great n = 1 sample, but misleading. Look at the cost bases in their entirety as well as their ownership structures and the economics of the markets they operate in.

QAN is in a much stronger position financially than a few years ago, especially domestically. But the international scene just gets more and more competitive by the day and QI will only get investment if it can charge fares that allow the investment. Higher pilot costs make that less likely. A lot of pprune posters seem very excited about pilot shortages leading to huge wage rises for Australian pilots. I would bet that the numbers are also being run on doing less inhouse flying and more virtual flying instead of being forced to pay higher wages. That may end up being the path chosen.

It's just one big complex equation at the end of the day.
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