Ann: AXX:ACCC denies re-authorisation of airline charter alliance, page-3

Well done ACCC! Your ruling virtually guarantees lower prices - lower service - poorer service - lower quality of planes AND a strong likelihood of a corporate failure and surely the mining tzars who want ‘more bids’ must understand business 101. No doubt they have been swayed by the most dull, boring tighta$&e people on planet earth, the cost accountants.
Aircraft travel services is a higher capital investment business and very high capital maintenance for safety reasons. Neither of these can be provided on a shoestring budget. At a time of higher costs of capital, your ruling will ensure a snakes pit of low bids and as history demonstrates time and time again, low bids can only be provided by lowering costs, which means poorer quality standards and cutting costs on maintenance. You don’t have to delve too far into the litany of failed low cost operators. In fact you don’t even need to stray out of Australia, much less Asia and Central Europe!
I am not really concerned for AQZ because they can play both FIFO & FIFO wet or dry lease supplier.
I think this ruling hits VIRGIN much harder at a very vulnerable time.
I would really like to know what direct business experience the ACCC decision makers have had AND by direct experience I mean that you don’t get a pay packet each week, you only get what’s left after all the expenses are met.