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Your right, QF did hand J* a "ready made" rather than an "untapped" (bad wording on my behalf), market. They have also built on that low cost market substantially you would have to say. My point is that Tiger are having to battle it out in the trenches against some pretty mean well established operators.
I thought they would have pulled the pin when they were grounded. The fact that they are still here tells me they are filling a gap in a market they predict will expand to enable them to grow.
SN