Originally Posted by
OZFLYER86
I think in a recession, many look for cheaper flying options, or don't fly as much or at all. Qantas is often the most expensive on a route.
But you are assuming that QF will still have strong competition. If there was a bad enough recession, it could put VA in an even more precarious situation than it is now. If they were to go under, QF would be in a very strong position, despite a recession.