I dont hold any VBA or QAN at the moment but have a serious think about what has happened over the last few weeks.....
QAN (JetStar) has announced it will operate out of Avalon. This in effect puts pressure on MelAir (AIX) to reduce their fees. (+'ve for VBA)
JetStar will be paying their pilots a fraction of what normal 737 pilots command. This puts pressure on VBA's pilots as they are being undercut by JetStar pilots. (+'ve for VBA)
There is more to this game than most care to consider.....QAN and VBA will be the winners.....
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