Why indeed, why has the worlds Airlines gotten to a point where the business of moving people around this planet of ours is for most no longer sustainable?
Sure we know that it's not a global level playing field but below is still the reason why it's so.
There's currently a zillion threads running on QF & other Airlines so I thought it would be rather a good time to take time out from all the bickering all the 'they should have' they this they that etc. n& look behind the scenes of this now ugly unstable business.
QUESTION..................Why are the majority of Airlines especially here in our own backyard struggling?
GFC?
Not a level playing field?
Not enuf or no protection from the Govt?
Govt stuff-ups?
Fuel prices?
Mismanagement?
Wrong fleet type or two many types?
Too many fat cats at the top milking the profits?
Too many studies, surveys & consultants being done?
ALL of the above apply in one way or another but to me the single main base reason why we find ourselves amongst these pages watching QF self destruct for Eg is THE FARES ARE TOO CHEAP!!!!
If you had a business making scones for Eg & the cost of flour went up on a reg basis you either put up the price of the scones or reduce yr product costs in an attempt to stay in business. The trouble is the guy down the road with another scone shop keeps his prices the same or even sells cheaper in an attempt to close you down.......end result, NOBODY WINS & both businesses are at the brink of closing all because they have undercut each other to the point where it's no longer sustainable!
The QF "scone" shop is failing & the whole "scone" industry has only itself to blame.
At the end of the day there are only two core reasons as to why we have businesses of any nature, to sustain the way of life as we know it as in being employed & to make money for the owner/shareholder, (essentially one reason but there will always be 'them & us') that's it. Both are being eroded away not just in our crappy industry but ALL fields & the way we humans are going about this we won't have anything decent to leave future generations
Comments?
And lets not hone in on QF too much guys there's plenty of QF fodder already out there now!
Wmk2