Originally Posted by
Lapon
But is it competance or luck that has resulted in Qantas faring better than others? Have there been any radical decisions taken that few other CEOs might have?
Im not trying to sound negative, but its a question fanboys should ask.
I think that fleets of 4 engine aircraft and tired 330s in this day and age is terrible, however it doesnt look so bad when a black swan event grounds any fleet you have anyway.
I suppose an analogy is this.
Qantas is like a conservative 60+ year old couple living in the outer burbs who own everything, have various investments and pay for things in cash.
Other airlines are like a gen y share trader who own nothing, lease everything and has done pretty well
in the good times.
It’s good to own things when the times are bad. Qantas mostly owns it’s ageing fleet.