Yet another Private Equity owned and operated proposed airline.
2 PE-run Airlines (Virgin and REX) are enough, but do we need a 3rd PE owned and operated airline in Australia? That would be 2 LCCs, or 3 if you count VA as a LCC (I mean 'Value Orientated'™Bain) Carrier
As said with REX previously, Qantas only has to 'sit back and watch' their PE rivals try to destroy each other and not have to do much with the discounting unless if needed.
