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Old 23rd Aug 2014, 00:58
  #18 (permalink)  
Mstr Caution
 
Join Date: Jul 2006
Location: Australia
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Wages only make up less than 4% of the operating costs.

The foreign labour differential is the differential embedded within in that 4%.

AJ would have you believe that wages will make or break the airline.

Yes. Wages are a factor.

However failed strategies are THE major cause of the groups losses.
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