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Old 12th Feb 2015, 11:21
  #122 (permalink)  
fearcampaign
 
Join Date: Dec 2007
Location: thelodge
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Jetconnect only flies routes NZ to AUS return and not domestic.
Had plenty of years to take over domestic or international and it hasn't.
A lot of hearsay on this forum and panic merchants.
QF are dealing with AIPA as others have said without Oldmeadow.
Neither side wants a repeat of 2011. It's a better environment now both industrially and in the airline business. American Airlines flight crew just got a 23% pay rise. 777 skipper with 12 years service now on $280k USD or $360 AUD.
With the price of fuel dropped by more than 50%, AUD perfectly in the 70c and not $1 plus range, things are looking rosy again for QF international after a ****ty few years in a market that was not rational.
Profits be around 900 million this year and 1.8-1.9 billion year after according to analysts. Things should look good for both parties.
If the deal is good it will get across the line, but if it's inferior, QF risks another vote and delays as profits and bonuses skyrocket.
How times change. At least it's for the better.
Time for cool heads. Cycle is a turning.
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