Why is Bruce leaving? Could it be that:
1. The longhaul Jetstar services out of SIN are a failure? SIN-AKL is down to 3 weekly now from daily, and SQ is merrily still flying double daily to AKL and daily to CHC, despite earthquakes and what not? JQ's SIN-PEK fares are ridiculously low - SGD298 for business class one way these days, SGD220 for economy class. Definitely not making any money.
2. Jetstar Hong Kong has failed, and they need to find a scapegoat before announcing its failure
3. Keeping him as a consultant means that he won't run screaming to the press and/or join a competitor within the next 2 years
Jetstar Intl is also assigning Long service leave desperately on A330 is a good indication of how they are doing isn't it? I guess they would only JUST qualify to get LSL.. kicks in at 10 years doesn't it?
Just another way QANTAS can say they have revisited the B787 strategy and now will assign all 787's to Domestic Business.
For Jetstar, 787's are only a 2% savings on an A330 but at a cost of $180M.. but for Domestic its about 18% compared to a 767-300 and a trump over virgin to boot.
I think they will then say QF Int is a loss, and we will be forced to shut it down because commercially it is a lost cause.... In comes the government to help "International only" as it MUST keep an international flag carrier, and JetStar isn't one... no matter what anyone says.
