The Sydney Morning Herald
Woes could still turn up trumps
Ian Verrender
June 10, 2008
The Pacific route is a rare asset in the airline business these days; a highly profitable near-monopoly. If Dixon could get the unions to come along for the ride, he could manipulate the present fuel crisis to Qantas's advantage.
Domestically, Australia has only ever really needed 1½ airlines. Ansett, Compass I and II, and East West all fell by the wayside. If oil prices keep rising, Virgin Blue could well be the next casualty. Even if it survives, its activities will be severely curtailed. Guess who that will benefit? Geoff Dixon may still go out on a high.
Don't tell me he is going to come out of this a hero???