markis10
Veteran Member
- Joined
- Nov 25, 2004
- Posts
- 30,549
- Qantas
- LT Gold
Qantas pilots have long-argued that the best way forward for Qantas is to take the German approach to operating in a high-cost environment: focus on offering a premium product where people are getting superior quality for the extra amount they pay. Instead, Qantas management have opted for a pre-GFC, American-style approach – racing to the bottom on costs and deploying complex, high-wire financial manoeuvres.
It's tough to see how tying a huge part of national infrastructure to the continued fortunes of a Middle Eastern government-owned airline is anything other than a gamble.
Yet Mr Joyce is in the captain's seat, and we have no choice but to take his word that it's a good one.
Read more: Flying Kangaroo leaps into a shaky alliance