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Old 8th Aug 2010, 03:00
  #145 (permalink)  
20driver
 
Join Date: Aug 2004
Location: US
Posts: 507
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You should know better

Where did I say AC never made a profit?

TCA as a government department, it was part of the transport ministry for years, or AC as a crown corporation, were entities that as such do not even have profit or a loss, they reported surpluses or deficits.

AC as a private company, weren't they just in bankruptcy or was that some utter rot in the paper.

As for Wardair, Max made a big mistake. He did not understand or appreciate the power of the central reservation system and how AC was prepared to use it to underprice Wardair and sell below cost at every turn.

A friend was a well connected travel agent and told me they knew Wardair was gone not from the news but by seeing new higher fares being dumped into the system within minutes of Wardair closing down. Same thing happened with Laker. Not sure about Max but Laker did eventually win serious money proving collusion to bankrupt him.

None of this has anything to do with AC is objecting to EK. That is simply to keep a competitor out of their biggest single market.

Bottom line is very few legacy carriers have survived in the non regulated world. Most of the the airlines that have turned a new profit in the last few decades, and it is a small list, have being companies that started outside the old legacy bilateral cartels. As air transport becomes more and more a global commodity it will be SQ, Jet, EK, Cathy etc driving the industry.

20driver

PS Still haven't told us why you are supporting the UAE with your dollars.

Last edited by 20driver; 9th Aug 2010 at 18:54.
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