So its facts you want, Sir Donald?
How about
these,
these and
these?
Day Dreamer is spot on. Of particular note is the fact that the imminent
BASSA strike will cost the company £25 million per day! No wonder our Willie went for the rights issue.
Of particular interest should be the comment from SQ.....
British Airways has announced it won't configure any new planes to offer first-class cabins. Qantas has also scrapped first-class service on several long-haul routes and is considering reducing the 72 business seats in its Airbus A380 superjumbo jets.
But Singapore Airlines, one of Asia's top carriers, remains confident of a recovery in the premium market. It has cut fares and capacity this year but said it would not crop the 60 business seats in its A380 planes.
"It's a cyclical business and positive growth will return. We are not going to fundamentally change our business focus overnight just because of the downturn," said spokesman Nicholas Ionides.
So either SQ are right and WW has sold the farm just before the bumper crop starts to rise, or BA are right and SQ are screwed. Which do we think the more likely?
Discuss.