Originally Posted by
junior.VH-LFA
That's ridiculous as it is let alone trying to apply it to a LCC Virgin 2.0 on likely limited routes.
and herein lies the problem.
we privatize the business, yet virtually monopolize the contracts to it. QF get 95% of government contracts!
How is a competitor to grow on applicable routes without the seed access.
VA should be achieving around 30% given the total market share is closer to 40% (pre COVID).
it is clearly skewed in QF’s favor, no matter which way you look at it.
and the above post alludes to QF earning it. QF always had it, (it was government owned) Ansett worked to gain some of it and was making a success of it. Ansett collapsed, Virgin Blue was a LCC, QF therefore got ALL of it back. Virgin then proceed down the path of a ridiculously expensive and ambitious timeline to get some of that market back. The investment has left them exposed and they still only achieved 5% due to QF favoritism (clear), without the yield, it is near impossible to achieve rapid ROI.