Professor.
I am intrigued by your knowledge on this matter.
In a previous life I was tasked with looking at this matter with a legacy carrier who had a large fleet of pax aircraft.
The company in question had the same opinion as you. The Pilots union disagreed and so after a Parliamentary enquiry a few of us were tasked with investigating the economics of operating a couple of freighters on the "golden triangle" in competition to the main players but under "legacy" award.
What we found was that if it was a level playing field, ie the Oz carrier had the same traffic rights as the US carriers ( (non legacy) then the market was break even to the US carriers and we could make a profit. Effectively the route US/Oz/Asia/US was break even/ loss/Good profit. However it soon became obvious that commercial considerations had nothing to do with it but politics did and very quickly our investigation team was closed down by vested interests.
Looking at you position on a number of issues I suspect indeed you are part of those vested interests.
Wunwing
Last edited by Wunwing; 29th Nov 2010 at 08:57.