Originally Posted by
aviation_enthus
To early to call “the weakest link”.
But given how the last capacity war ended, I’d say it might also comes down to who blinks first....
If QF have taken on a lot of debt through COVID and then lose money again, they’ll have to call it quits on the “line in the sand” eventually (but they’re still stronger than Rex/VA).
If VA are aggressive and Bain etc want see results that convince them to tip in more cash, they might end up back in a sustainable position. But last time around, they ran out of cash before QF.
Rex are the more unknown IMHO. They have a decent war chest for now and (arguably) lower costs (wages and lease fees) for their small fleet. They also have a large regional network to generate cash to help with the current aggressive expansion. Buuuuuuttt, how long will their cash last and will the new investors (PAG) be willing to put more in?
Expansion you mean the 737? Didn't Sharpie say somewhere that the regional and jet are completely separate entity's? wouldn't want to raise eyebrows given all the government handouts they received which was more than QF and VA got to keep the turbo prop operation viable.
The predatory Sydney Canberra flights they plan to launch with their SAABs is laughable, this route is mostly business and politicians which neither will never travel on a SAAB unless they're going to Bourke and the RAAF jets are all broken.