VA has become AN MKIII.
AN could not make money whilst QF kicked ass.
Over a short period of time, VA has managed to take an LCC and bring costs to a level equivalent to a legacy carrier. An astounding feat, by any measure. Whilst ultimately management own this problem, it is employees who will suffer the consequences. Why is it that employees at DJ and VA continued to demand superior T’s and C’s, despite their employers increasingly parlous financial position? The most recent example of this being TT pilots, whose most recent EA has them at a higher cost than Jetstar pilots......... How is this possible when their airline is haemorrhaging financially? How can any employee not see that this type of behaviour ultimately kills the golden goose.
All it would take now would be for a well funded third airline to enter the market and VA would be done, 2001 all over again.....