PPRuNe Forums - View Single Post - Virgin Blue - Who's Telling the Truth?
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Old 4th Sep 2005, 13:07
  #15 (permalink)  
elektra
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The thing is, for as long as you fall for the "lets look after QF" stuff, you accept the "we have to do it this way" stuff from GD. The two go together.

All I (and many others) am saying here is lets be realistic about the source of QF profits and ask ourselves exactly when will this galactically managed carrier be ready to cope with Open Skies. As we speak, gazillions of Economics 101 students around the world are being taught that profits in excess of the market standard are, or ought to be, the signal for more capacity and more competition.

Why are they all wrong......when if ever would more competition be right?

The last 1000 or so years of economic history suggests to me that QF's strength lies more in their entrenched position than their capabilities.