I was just reading an article that stated the Hyundai is the only manufacturer of cars that was able to increase sales over the first 7 months of the FY. All other manufacturers went south. People are abandoning traditional brands to go for the cheaper option because times are tough.
This is one thing tiger have in their favour should there be another recession, people will go for the cheaper fare and the airline best situated to offer the cheapest fares is the one with the lowest cost base, TIGER.
I reckeon they would be fools to pull out of OZ. We may be looking at an airline that will add capacity as fast as they can if a recession or downturn hits an stagnates when times are good.
SN
Last edited by PPRuNeUser0161; 7th Feb 2010 at 21:23.