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Thread: The OZ A350's
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Old Feb 4, 2017, 11:49 pm
  #13  
stupidhead
 
Join Date: Jun 2007
Posts: 4,639
Originally Posted by ORDnHKG
They cant even make a profit on current routes (for years, not just recently), why would they take a risk to start a new route ? That would be quite a stupid decision if they do it.
Actually I think they've been making money on their operations (the airline side of the business). I believe OZ took over a lot of toxic assets from the Kumho Asiana Group when it went under in '08 and that's probably what's causing them to lose money. They've been in the black for operating profits since 2014.
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