QAN 1.70% $7.50 qantas airways limited

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  1. zen
    4 Posts.
    Well despite a few hiccups to begin with the "asian invasian" is actually going well Jetstar Asia is now more profitable than Tiger Singapore and the biggest low cost group serving Singapore by ASK and based on Tigers IPO Jetstar is worth 3 times more than what qantas invested in it. Jetstar Pacific had a rough start and was always going to be tricky however I believe is on the way back to expansion after Vietnam airlines took a majority stake and effectively have a monopoly on air travel in Vietnem. Jetstar Japan is progressing very well as is Jetstar HK and if you don't believe me than why is nearly every major airline in asia either considering, implementing or have implimented a qantas style 2 branded strategy for asian expansion?
    And just in your last statement you have proved my analysis of you (unions) quite correct. The A380 incident had very little to no involvement in Qantas maintanence and everything to do with rolls royce the "engine manufacturer" who modified faulty engines without notifying qantas or Airbus or any other airline for that matter this was proved by rolls royces compensation payment to qantas and AON.
    I'm surprised you didn't bring up the A330 incident in 2008 because surprisingly enough this aircraft was serviced in Australia but we didn't here this same outburst from unions as are 737's which had another incident.
    You unions need to understand that Australian's arn't the only ones who can hold a spanner and the public is waking up to this and are choosing other airlines. Despite qantas still doing 90% of maintenance still here.
    It's a competitve industry and as the government keeps liberalising and increasing the airtraffic rights for cheaper labour asian and middle eastern airlines into australia qantas's only option is to reduce costs and work at a similar cost structure with its competitors because the public is not paying the premium to fly qantas and its Australian workforce. It's just a game of matching consumer tastes to the business and thats all qantas is doing.
 
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