PPRuNe Forums - View Single Post - Virgin takes full control of Tigerair
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Old 17th Oct 2014, 16:17
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Numero Crunchero
 
Join Date: Oct 2006
Location: Hong Kong
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angry rat
maybe you are half right and half wrong.

He learned the good stuff: JQ/Tiger = how to undermine QF/VB respectively

But while they fight the 'ego contest' of who controls the domestic market, the winners will be - JB/AJ and budget travelers - the losers will be regular/business travelers and tech crew of VA/QF and of course the shareholders. JB earns more than most successful airline CEOs earn whilst he manages to turn a LCC into a loser!

But that is why they say we are 'down under' - our maths is different. Destroying Enterprise Value is obviously a positive in the BNE boardroom of VA!

Hope you don't mind a HK centric commentary on an Aussie issue - but I have mates in VA so hard for me to ignore!
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