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Old 8th May 2007, 03:55
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priapism
 
Join Date: Aug 2005
Location: Melbourne, oz
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Because it is one person's opinion only.
I agree with much the writer says. You don't have to be an aviation expert to predict that there will be rough times for Q.F over the next few years, but I think that goes for V.B too. Any business analyst , or anyone with half a brain and some basic knowledge of the industry could reach the same conclusion.
Tiger airways is SQ's backdoor entry into the Aus Market . It's owners have deep pockets and a grudge with Q.F over it's protection on the trans Pacific routes and Q.F's lobbying with the Government which prevented SQ from purchasing half of AN back in the last century. The Middle Easterns have a ton of money and grand desires to expand.
The Asians have long memories and a ton of patience - a quality that the Q.F board has sorely lacked.
Sadly , it will be the workers that will bear the brunt of the fallout with reduced conditions and a drive to lower wages. The bosses will continue to wreak havoc and go out with golden handshakes.
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