Air Asia is re-entering the Japanese LCC space in a partnership with Japan's largest online retailer. The LCC market is 3% of the total acording to a Reuters article I just read. Everyone seems to be planning to add capacity to their LCC operations there, and Air Asia will make nine LCCs competing with Jetstar.
Also, there is a severe pilot shortage in Japan...they are reportedly going to increase the retirement age past the current 64 because a third of the LCC pilots are over 60.
Does anyone on this forum believe that Jetstar Japan will ever make a dollar let alone repay the huge investment sunk into it? Qantas angels need not reply.
Oh....and Qantas has almost half of the shares and investment, but only 33% of the voting stock.
I expect that some smart professor might make an entire business school course on Joyce's tenure at Qantas. It will be about hubris and consultants, and how to avoid both.
Last edited by Australopithecus; 14th Oct 2014 at 10:11.