Apart from the fact that the initial post is now out of credence, (no clearwater revival here
)
It's worth noting that the following relates to domestic Aus only
Originally Posted by Soup Nazi
The biggest problem for QF management is how they can reduce costs to compete with
VB. Make no mistake
VB, and others are not going to relent.
And it doesn't really fit. The
VB problem is that it has to compete with JQ (lower cost) and QF (larger network). The squeeze is on
VB (and they are handling it quite well).
Globally, QF and JQ exploit different markets, and the Markets will decide growth rates for the full service and low cost arms of the group.