Originally Posted by
Chris2303
Private equity company = asset stripper = closure
This is historically true in some cases.
On a side note, I wonder if the Jetstar issues will potentially benefit Cobham? Could they end up being used as a cheap option to service destinations/flights being cancelled longer term if Qantas was to extend or amend their current contract and Cobham end up some of these 220s or lease some more E-jets? (there are a bunch of ex Virgin 190s sitting around) - Pure curiosity on my part and no idea what the cost/profit margin is like between the two... but seeing how the money always flows back to Qantas would it matter who actually operated the flight at the end of the day?