TheStudent
Junior Member
- Joined
- Mar 12, 2011
- Posts
- 40
Thats very true, I completely forgot the effects of the higher currency
Well the whole Tiger group had profits of $S14.1 million for the first 6 months of their 2010/11 financial year so this is not a great factor.Tiger gains 35% more in currency exchange as it converts its profits to Singapore dollars. Where as Jetstar Asia loses that as it converts its profits to AUD.
Also compared to the last fuel hike where it hit TT hard, they are now only flying trunk, higher yield routes, and the currency is in their favour alot more than 2008.
The main problems have been sorted, Tiger are maneuvering toward a new internal structure that will overcome all of this.
CASA's main problem was one certain A320 which has now had heavy maintenance work (1.5weeks) and now defect free. It cost the company 40 cancelled flights but they got there. Staff issues were another problem but being sorted.
Pilot slipping standards is rubbish. There is no cadet schemes nor cheap seats up front being offered. Its more the "safety department" slipping standards. Slipping standards in this case means no staff left in some management departments, especially the safety dept.
Sunstar320,The main problems have been sorted, Tiger are maneuvering toward a new internal structure that will overcome all of this.
CASA's main problem was one certain A320 which has now had heavy maintenance work (1.5weeks) and now defect free. It cost the company 40 cancelled flights but they got there. Staff issues were another problem but being sorted.
Pilot slipping standards is rubbish. There is no cadet schemes nor cheap seats up front being offered. Its more the "safety department" slipping standards. Slipping standards in this case means no staff left in some management departments, especially the safety dept.
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Have a flight with them next weekend AVV-SYD, not concerned.
I trust the regulators enough to know that if there was a real threat, they wouldn't be allowed to fly.