Originally Posted by
Derfred
So to make NTL-MCY work they would need to capture 50% of the market of all transport modes (including those who drive), and charge $113 average.
Bonza have stated fares of $50 average for short routes.
As for capturing 50% of the market? Good luck.
I hope they have hedged a good portion of their fuel at a reasonable rate. Yesterday oil spiked at $99 per barrel, then dropped back down to $96. Bonza should have included contingency plans in their operational structure for if there is another COVID lockdown event, war in the Middle East, Russia taking Ukraine and/or China taking Taiwan. All potential events that can affect oil prices and slice through an airlines bottom line.