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Old 23rd Mar 2020, 08:03
  #25 (permalink)  
George Glass
 
Join Date: Jan 2014
Location: Melbourne
Age: 68
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Um , wonderous , sit there grinding your teeth all you like but QF hasn’t had a monopoly on Government contracts for a long time. But a sense of grievance is always more powerful than fact isn’t it ?
The question that will have to be resolved at the end of this was whether or not deregulation of aviation was worth it.
The old Australian Airlines , Ansett duopoly was cosy , certainly , but in a nation of 25 million the size of Australia how many airlines do you need ?
Just as the US was contemplating re-regulation Australian crossed the Rubicon and plunged head long into an open market.
The Government , of both persuasions ,has been trying to convince itself that it was a good idea ever since. Jetstar , Tiger , $50 airfares Sydney - Melbourne .... brilliant!
But is it resilient?
Is it just robber baron capitalism dressed up as competition?
Is Globalization really the panacea for low grow ?
Or is it all going belly up under real stress ?
Like deconstructed airspace.
Or emasculated regulators.
Big fat chickens are coming home to roost.
George Glass is offline