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Old 9th Sep 2011, 05:48
  #1340 (permalink)  
Icarus2001
 
Join Date: Dec 2001
Location: Brisvegas
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I hope that it becomes strong again,
Were they ever strong? Four years in operation and they have not made a profit. This FY will be a disaster and their operating costs have now increased markedly as a result of extra staff hired to fill positions as required by CASA as a requirement to get them flying again.
Rumour is that SQ has bought more holdings in Tigers parent company and will inject significant funds to make it work.
I wish them well and believe that they can find a market AND make a profit in Australia but to date they have not achieved that with their VERY LEAN operation, so I cannot see how they will achieve it with higher costs.
If I had the option to run from Tiger to Jetstar I would sprint
Yes but would you be sprinting towards Jetstar or Stategic? Some choice.
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