Fruet Mich,
http://www.pprune.org/8482362-post4327.html hit the nail on the head a couple a days back with this post, and well said Sunfish...
I think Ben Sandilands hit a nerve yesterday on another front which is a must read,
Jetstar's NZ fail might mean more than gold for others | Plane Talking
and a back up what Sunfish has been saying for a long time now... just check the replies from the usual suspects defending AJ's J* dream which is slowly killing the Qantas brand, a view I have held for a long time now..
BA puts its budget airline Go up for sale - Business News - Business - The Independent
Seen it all before...
Some interesting reply snippets to Ben's story.. in fact, all of the replies interesting....
There are rumours circulating that things are grim in Singapore from pilots flying around Asia. A couple of years ago Jetstar Asia was being propped up by Jetstar in Australia to the tune of 20 million per year. Anecdotal evidence suggests the new Jetstar 787 service from Brisbane to Bali is bleeding big time with sub 100 passenger loads being the norm.
“Fewer than 1 per cent of Qantas’s shares are owned by individual Australians. More than 90 per cent of Qantas’s shares are owned by investment funds.”
It appears the business cycle has turned against the J* off-shore ventures in all the markets propped up by Q.. something has got to give soon, it can't keep going the way it is, that's for sure..
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