PPRuNe Forums - View Single Post - Merged: Virgin Blue Share Price - how low can it go and for how long?
Old 30th Sep 2008, 07:52
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Wod
 
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framer

QF know that it is politically impossible to have a monopoly in the domestic market. International competition has always been there.

They know there will always be a domestic competitor so the comment you quote makes sense to me.

As far as Virgin Blue goes I have previously observed that QF have them in a vice. JQ have lower costs and can absorb more pain, whilst QF have a larger network, so more connectivity. Virgin have chosen to take on more cost to try to compete with QF and wound up in a cost bind IMHO.
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