Originally Posted by
Deano969
So need to compare apples with apples, just because Air North failed does not mean Bonza will......
What about the elephant in the room, the tanking economy.
The family from Wellcamp or Mildura might save some cash by flying the new low cost entrant, but they are also facing the "fixed rate cliff". The option for them is simple, don't go at all. I am no economist, but it's pretty clear, with fixed rates falling away, energy prices surging, and we can go on and on, but the point is, it is about to get tough. Reduced discretionary spend is top of the list, isn't that Bonza's revenue? The language from the market this week was much the same, from all the big players. Caution is the new normal.
Is this really the right time of the decade to be launching a new startup?