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Old 1st Jan 2020, 10:22
  #567 (permalink)  
PPRuNeUser0198
 
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the salary increase would be insignificant to the overheads at best
But where does it end? And with what parts of the business? On aggregate, cASK erodes. Eventually you tread water. JQ needs deeper profit margins to 'weather' poor periods. It is cyclical, and variable to much outside of the airlines control. If they hover around the profitability line, a few negative periods may result in closure (just look around the globe), then all suffer. No offence - but I think this is an ideology of equal aircraft class and equal pay. Fine if profit margins are also equal. They're not.
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