PPRuNe Forums - View Single Post - Uber Air
Thread: Uber Air
View Single Post
Old 20th Mar 2024, 03:02
  #9 (permalink)  
Mr Proach
 
Join Date: Sep 2006
Location: Australia
Posts: 148
Likes: 0
Received 11 Likes on 5 Posts
Originally Posted by tail wheel
In the 1990s there were a few forward thinkers in CASA and the aviation industry who thought abolition of AOC's and regulated air routes could be a good idea worth examining. One appropriate regulated standard for commercial aircraft to operate in all or any of the current classes of commercial aviation, with only the aircraft maintenance and pilot standards regulated by CASA. I know CASA considered (perhaps briefly...) the option when it was debating an "Open Skies" policy.

If you think UBER is a success, consider UBER is a profitless but apparently bottomless pit of money - two small profits in a sea of red.




With that financial record an UBER Air concept would probably be a perfect fit for the Australian commercial aviation industry.

With the repetitious losses, I have no idea how UBER has managed to almost double it's share price over the last five years.........

Another aspect of an unregulated operator.
Mr Proach is offline