Rumor: 27th Feb the 767 and 747 fleet will either
be grounded or an announcement of grounding will be made.
I'm not saying its impossible, but how would that fit in with the 65% rubbish?
We've been told that the ONLY thing that isn't on the table is the 65%
I believe the 767 fleet manager mentioned something about jumping at shadows on her fleet blog......
The rumours will only get worse as the day nears....
Things to remember.......
1. Whilst both major players are losing money (yes jetstar, that means you too, you're part of the group aren't you?) the market will not be this way forever. We need to adapt to the market now, but we also need to be able to swing back as the market stabilises...
2. Whilst I don't doubt some red tail cuts will be made, the review is more about ways they can 'unlock capital' ie we are looking for a short term cash injection, and since Q can't just go running to the other government backed airlines for a handout, they have to find it by selling assets.
It's not going to be pretty, but the entire grounding of 2 fleets? I would say highly unlikely. I know the same rumours are on Qrewroom as well, but I just can't see it.
MC.....I hope you're right!