Koala Airlines Discussion

[HS-TQE]

Just wow, but at the same time not overly that surprised that they are facing failure before a single flight has taken off. Would have to be the fastest wind-up / liquidation of an airline ever if the initiators (former co-backers?) application is successful.

 

[SeatBackForward]

Koala, it bearly flew

 

[markis10]

Just wow, but at the same time not overly that surprised that they are facing failure before a single flight has taken off. Would have to be the fastest wind-up / liquidation of an airline ever if the initiators (former co-backers?) application is successful.

Great Southern might be quicker

 

[CaptJCool]

Koala, it bearly flew

drunk on its own leaves

 

[33kft]

Good to see it happen without inconveniencing pax I guess

 

[Saab34]

One thing it would have had in common with Bonza is it would burn similar amounts of cash.

I recall Jayne Hrdlicka said in a speech after the collapse that $300-$400m of new capital is required for a startup, to get to a breakeven point.

That’s a lot of cash to throw around to reach a point in which doesn’t even guarantee you will still make money from then onwards. Airlines are just terrible investments.

 

[p--and--t]

Airlines are just terrible investments.

Speculation seems to be a more appropriate term.

 

[Balad2005]

Fundamentally different strategy? What else is there that hasn't been tried and failed previously?

All business class (Ozjet): FAIL
Ultra low cost (Tiger): FAIL
Regional only (Bonza): FAIL
Pick up the dregs "value carrier" (Rex): FAIL

My guess; they'll definitely make a small fortune if they put plans into action (to take from the old aviation joke).

Maybe they will be a hybrid airline , there is one in South Korea Air Premia.

 

[HS-TQE]

Maybe they will be a hybrid airline , there is one in South Korea Air Premia.

Air Premia is a wide-body only carrier though, and their service is more in line with JetBlue, largely full service on their Long Haul flights, with some BoB elements on their Short Haul flights.

 

[tcasfail]

Great Southern might be quicker

Watcorp Australia Pty Ltd 633 915 385 | Winding Up Application | Winding up application | QLD | Published : 03/01/2025 | ASIC Notice Details

publishednotices.asic.gov.au

 

[SeatBackForward]

Watcorp Australia Pty Ltd 633 915 385 | Winding Up Application | Winding up application | QLD | Published : 03/01/2025 | ASIC Notice Details

publishednotices.asic.gov.au

VapourAir.