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13/06/08
08:50
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Capman;
Agree, that is why there is a few "if's" in my post.
QAN is more robust, and Tiger has plenty of support.
I did say if oil was to drop 30% and then ST buy for 1-3 months before the finacial reporting season.
VBA should never have started to try and compete with QAN other than for bums on seats. Virgin lounge, premium economy etc are gimmicks.
More broadly, liberalisation is the reason why most airlines exist on a 5% margin, not the oil price.
Baachus
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