PPRuNe Forums - View Single Post - Virgin's TigerAir losing $2 million a week
Old 24th Jul 2014, 08:44
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SilverSleuth
 
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Instead, it will boost its frequency on the Sydney-Gold Coast route to four daily from two, while Virgin will lower its frequencies on that route.
This is the part that worries me. We are following Qantas by cutting the decent/expected product and replacing it with the LCC with the assumption people will just use it as they have no choice. Isn't this what Qantas did with Jetstar.
And didn't JB say he would never do this and cannibalise mainline routes?
Bad luck if you want to fly Melb-OOL in the morning getting there much before lunch, or return in the evening after business.

That's not to mention the $100 mill loss a year they are providing, if this article is correct.....
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