I was of the opinion that CASA would not let an AOC holder keep same (& certainly not issue one) if they where not financially able to do so.....thoughts anyone?
It's becoming more obvious that Australia can't support too many Airlines. Sure we have the land mass (Sim to mainland States) but we don't have the population & therefore the jobs with dues taxes & therefore the infrastructure etc & our economy isn't as good as 'Juliar' has us led to believe ! There's always a multitude of reasons why a Co goes bust some directly attributable directly due poor management (see QF for Eg.) & some not.
Jobs are sliding all over this country, batten down the hatches I say as our current Govt are killing their golden goose.........you & I!
Hoping our aviation colleges can find employment elsewhere & soon
Wmk2