Originally Posted by
a_pilot
Once again, the CEO's in the USA have to work so much harder amongst stiff competition but get paid less. In the meantime, QF is in a monopolistic position and the revenue just comes in without any hard work at all.
Actually no. The US is now basically a tri-opoly amongst 300 million of three major legacy carriers (AA, UA and DL) and SW filling the LCC void. The US government has ensured through a high level of protectionism, bailouts, preferential treatment, Chapter 11 bankruptcy, lucrative military transport contracts and obstacles thrown in the way of potential competitors (Norwegian). Agree with this or not it’s what the US government in the supposed “land of the free” has chosen to do:
The Australian government didn’t bail out Ansett, hasn’t really provided too much help for QF and has let foreign carriers dominate the international market. The only decision recently that has benefitted domestic carriers was the decision not to allow foreign cabotage in 2015, although there were plenty in cabinet at the time who wanted it and they’ll probably try again some time soon.