Originally Posted by
sundaun
All Joyce is doing is terrifying potential.bidders for the Virgin going concern. He should be prosecuted downstream for these tactics..
If potential bidders couldn't figure out for themselves that a massively over capacity market coming out of COVID would mean low airfares as both QF and VA try to reduce cash burn, by filling every possible seat, then they don't know enough about airline economics to be bidding.
Similarly, if Joyce pointing out that obvious fact scares them, then they lack the balls to be in business.
What Joyce achieves by talking up $19 fares is getting people to start even thinking about flying again, both by pointing out it will be affordable even in the middle of a recession, and by getting people to want to book fast so they don't miss great fares. At a time like this, airlines (and other businesses) need to find ways to stop people focusing on the health and economic trainwreck, and start thinking about returning to a semi normal life. If dirt cheap airfares help with that (and help get me back in a job...) then I'm all for it.