So they have been here nearly two years and still no profit, lets not forget we had a major downturn thrown in. It looks to me like they have taken a measured approach to any expansion in OZ and lets face it, they basically have no chance of being in the black until more aircraft arrive.
It all comes down to how long are they are willing to hang on. On the other hand what would be the impact on SIA and RA should they decide to can it here? Where would that leave them and can they really afford to lose this one in the big picture?
SN
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