Great news for QF
, if they keep up their service changes and improve their quality to AN
'esque style we may have a national airline to be proud of.
Unfortunately the market didn't like QF
's annoucement today with mixed results, one of the most volatile trading days in the history of QF
listed on the exchange.
Certainly affected our portfolios at work! Where we are value market weighted in QF
is no competition for QF
, both of which have benifited in the demise of AN
And with NZ
pulling out of SYD
looking very shakey could provide more revenue opportunities for QF
in the wake of a war.
must be one of the few airlines in the world with a capex of so much, and with domestic travel where they are supposedly losing out to DJ
in some cases is an incorrect statement. DJ
has stimulated air travel on these points sp the market share is skewed slightly.
And don't forget the corporate yields and full fare economy that QF
are pulling in, something DJ
cannot do. The scale would show QF
receiving more *full fare* flights than Virgin as most people who would fly DJ
go for the lowest fare they can. Whereas my organisation, whilst restricting 'J' travel is happy to book full economy fares with QF
Being in the finance sector I'm not sure why QF
shares were so volatile, I asked my local brokers why today and they said people are just taking bets on the actual performance QF
can withstand with a war in the Gulf.
The newspaper reports of QF
slashing 1,500 to 2,500 jobs are pure folly, QF
intends to use attricion and forced leave at first, but if they have to retrench, they have to retrench, it's a fact of life.
Good luck QF
, and keep up the good work with improving you product with leaps and bounds. Your *my* airline now and I want to be proud of you.