Originally Posted by
johnirvine
The bottom line is that net profit for the third quarter dropped by 5% and also by 5% for the first 9 months. This was despite a rise of 7% in passenger traffic between January and September. A good result? I don't think so. As well as controlling costs better, they need to focus on optimizing business class revenue by proper pricing and reducing giveaway upgrades (e.g. to A3*S cardholders).
Says a Gold cardholder!
They'd probably control costs better by getting rid of the upgrades for *Gs too, but we don't want that, do we!?
I guess the bottom line is that to become more profitable they will have to copy other airlines, and we all know what that means.
