Fozhard - i said "one" of the best...not the best....
international is being hammered by the like of Etihad and Emirates....the arab state sponsored competition. I'm not denying it's a challenge - but I wouldn't be writing Qantas off.....like the Telco industry I reckon the fragile players will drop off...Dubai could go broke at any time...too much debt...and there goes much of the competition.
Realistically there's plenty of money in the domestic market and frequent flyers is a cash cow which can be floated in the billions(don't ask me why or how!).....look out for their results for confirmation
time to buy, page-78
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