Sunfish, all things being equal, I don't think any of us are worried about 'competition'. In fact, bring it on. If we had equal taxation rates (both company and personal) and the ability to write off aircraft over three years instead of 30 then the QF dividend would have been much more significant, the airline probably would have expanded much more significantly over the last bunch of years and the outlook would be for many more services and thus creating the jobs you're talking about.
The reality is, 'all things' sure as hell ain't equal- from access rights to everything else. In fact, SQ could quite easily predatory price QF right off the LAX route- i'm not sure that the ACCCs reach would get through the border control at Changi let alone into the internal workings of SQ. That would leave us....precisely where we are now with one major carrier on the pacific. The difference is, now the profits and the jobs go to Singaporeans and not Aussies. What a great future that would be!
Last edited by Keg; 28th Feb 2006 at 06:11.