M.S
I don't know about too late. These guy's are starting up in a very volatile and agressive market. No one is going to cut them any slack at all. They want to have the lowest costs of any carrier and as such from time to time they will make sure that they are paying only what they have to.
I'm not saying they will make it to profitabilty but I will say that if they do there is no way they will fail from that point provided they are the carrier with the lowest cost base and therefore can offer the lowest fares. I think they have a long way to go to find a balance between fare prices and service as well.
With QF giving up share to J* and
VB/VA hittiing QF where it hurts that may just leave enough space at the bottom of the tank for Tiger to get established and look out if they do.
SN