Originally Posted by
Colonel_Klink
Whether or not there should be restrictions on foreign ownership of domestic carriers is another question entirely!
The market here is too small to have all these new startups. It’s probably more a matter of these rules just allowing anyone in, wasting time, creating jobs that don’t need to be created and so on. RexJet also foreign funded, complete disaster. Bonza chasing rainbows and lollipops. None of these airlines are needed unless they are purely here to burn cash.
AirAsia said Tiger was on drugs when it decided to start in 2007. Very true indeed.
Take out Tiger and alongside a leaner and resurgent Virgin, the market was actually setting itself up sustainably for once. You can’t say we lack competition, Virgin has now reduced fares, Jetstar runs the budget space, Qantas the high end...and so on. Then come along these time wasters.