Qantas idea of level playing field
Mar 31, 2020, 7:53 pm
#16
Join Date: May 2003
Location: Singapore
Programs: QF LTG, SQ EGTP, Bonvoy LTG
Posts: 4,847
It's probably even a good investment for the federal government, let alone the public. IIRC annual domestic airfare spend has been in the order of $300m (although obviously won't be in 2020). If airfares went up 20% in a monopoly type situation - that adds another $60m/per annum. How much would it cost the federal government to offer a loan of about half of what VA is asking for (ie. $700m)?
Mar 31, 2020, 7:57 pm
#17
Join Date: May 2003
Location: Singapore
Programs: QF LTG, SQ EGTP, Bonvoy LTG
Posts: 4,847
Ship has long since sailed on that one. SQ were very interested when UA and QF were the only players offering non-stops from Australia to North America continent. Until a few weeks ago VA, DL, AC and AA all also offered non stop flights to North America. I don't think SQ would be quite so interested now.
Apr 1, 2020, 12:04 am
#18
Join Date: Feb 2004
Location: Perth, WA, Australia
Programs: QF Gold, VA Plat, IHG Plat Amb, LCAH Gold, Hilton Diamond
Posts: 3,846
Just reading on SMH (https://www.smh.com.au/national/coro...30-p54fg5.html ) that
Qantas has told the Morrison government it expects a $4.2 billion loan to "level the playing field" if it bails out smaller rival Virgin Australia with a $1.4 billion coronavirus rescue package, The Sydney Morning Herald and The Age's Patrick Hatch reports.
Im curious on how wanting 3 times the amount would create a 'level playing field'
Qantas has told the Morrison government it expects a $4.2 billion loan to "level the playing field" if it bails out smaller rival Virgin Australia with a $1.4 billion coronavirus rescue package, The Sydney Morning Herald and The Age's Patrick Hatch reports.
Im curious on how wanting 3 times the amount would create a 'level playing field'