The Price of Fuel
The price of fuel is coming off historical highs as the speculators leave and demand softens.
All this conversation about costs will become irrelevant if fuel continues its slide and breaks through $100/barrell.
Qantas manegement have used every instance of drama over the last ten years to drive down costs while still making greater profits and paying more bonuses to Execs.
While the LC model was necessary for the domestic market it has also been used as a weapon to frighten mainline( across all departments)when negotiating EBAs.
All this nonsense about Jet* being a global force is vacuous nonsense.Look at its network and fleet size....puny.
Harbison makes this stuff up after 2 bottles of "76 Grange supplied by his good friends at Qantas.
Look at the foreseeable global airline picture and it becomess abundantly clear that there will some real opportunities for those that are cashed up and are capable of providing a premium product