If Ansett MKII haven't got every seat occupied by a fare paying passenger for the 12 days prior to and including Boxing Day, I personally can't see how any new start up buyer will survive. Apart from which the fares look completely unsustainable, but it is a matter of how you do the accounting and deferred maintenance costs etc at the time settlement is made. We also don't know what if any special deals have been done with the Airbus lessors. Prices this low haven't allowed other start up carriers to enter the market and survive.
[ 02 December 2001: Message edited by: rpt2 ]