So what’s the plan for Oxford and FTA? I assume they will need to sell aircraft/lay-off staff or close down? They can’t just run the current fleet and operational size for the next five years with little to no contracts thrown at them. As General Aviation is not associated with the Union movement they won’t be getting a cent from any Labor Government, so Oxford in Melbourne are probably most at risk.
Rex have taken over the mob at Ballarat so they might live to see another day.
Virgin had some form of deal underway with FTA, now as this involves cost, it’s clearly dead. With the amount of backlog that VA Group has on its redundancy list, they wont have any issues this decade recruiting, however with limited expansions plans into the future, it seem as they won’t need to.
Not sure how much QF is spending on its programs however that tap will most certainly be turned off.