PPRuNe Forums - View Single Post - Qantas will be dead in 6 months
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Old 3rd Jul 2009, 22:59
  #280 (permalink)  
Falling Leaf
 
Join Date: Sep 2007
Location: Australia
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The big Picture

Please, instead of all this bitter infighting, why don't we all realise that the Airline industry is an industry in decline, designed to operate with oil under $50 bbl.

Which airline with the present price of oil and the GFC is doing well? The only ones that will survive are those with a low labour cost base, because the piece of pie spent on oil is getting bigger, so the piece spent on staff will have to get smaller - or airline goes out of business. Plus the pie gets smaller, as we all take home less pay, and spend more of it on food and petrol, power & rates, and not airline tickets and holidays. Simple.

I'm not defending QF management decisions, know nothing about them. Never worked in the QF group, never applied either. Just a general observation on the global industry.Expect more pressure on T&C by all airline management in order to survive - everywhere.
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