Third, the reason DL no longer serves India with its own metal is a direct result of subsidized competition by the Gulf carriers, and of course Air India itself. Those were viable and profitable routes, where DL had made substantial investments. But no longer. You deploy your assets where you can make money. Simple as that.
Thats BS, they mentioned in the video that their customers are asking for flights to India and like I said before, I cannot imagine that the Delta customer prefers a one stop connection in the middle east (or be it with an Euro airline somewhere in EU) over a non-stop connection from an east coast US city. They shouldn't have a problem to fill a 787 sized plane to India and make some $$$. How do think the LH group, IAG etc are still alive and flying the same routes? Sure they had better (more profitable) times before the ME3, but competition is good and in the end if the customer wins, I am all for it?
Fourth, Singapore was a well run and profitable airline. It did not depend on its government to keep in business.
Just some facts on this one (peel the onion):
- Singapore Airlines is owned 56% (voting stock) by Temasek Holdings
- Temasek Holdings Private Limited (abbreviated as Temasek) is a state-owned holding company that can be characterized as a national wealth fund owned by the Government of Singapore.
- Latest example: On 9 February 2017, Singapore Airlines signed a letter of intent to purchase 39 aircraft - 20 Boeing 777-9 and an additional 19 Boeing 787-10. The deal also includes options for 12 more aircraft. The proposed order is valued at US$13.8 billion.
- The Singapore Government (and key figures) have repeatedly intervened on behalf of Singapore Airlines
- Changi Airport is owned by the Government of Singapore
- Changi just announced an airport expansion of $1.7b and has invested tens of billions of $$$ over the past years in the airport
By the way Emirates is also a very profitable airline, so? But like some have mentioned it is nice to have a wealthy government to fall back to in case shit happens, just like in the US you have the chapter 11 laws.
Like i mentioned I have my question marks with Etihad and Qatar, but Emirates is nothing than a bigger Singapore Airlines with an even better strategic location. The only question remains how sustainable is their business model if their will be a slow down in the global economy.