Originally Posted by
getaway
think Rex will take market share on golden triangle mostly off qantas.
Chief of ANZ said few days again, that recession will really kick in middle of next year when no more jobkeeper/jobseeker & dole returns to previous levels. Even jobmaker is only $200/week maximum for those of certain age.
QF will use a classic pincer movement from both QF mainline and JQ to make life exceedingly difficult for Rex. Rex has chosen a market position where it is poorly differentiated and only has price to trade on. This is a very dangerous position to be in. If I'd been them, I'd have gone the ULCC route which maybe unfashionable but is currently unoccupied.