> Good Read Rob & Thanks for posting.
>
> The boss of the household and I were discussing last night just when
> to book and how far ahead
> with the cheapies
> such as Tiger , Death Star and perhaps the new entrant Air Asia X
>
> As trips to China and other Asian ports coming up ( work)
>
> Once pay with the Charge card doubt that in 3 months time Visa would
> cop a charge back in the event that a company went belly up
>
> Mh for example have just released unbelievable fares via KL from
> Perth but a few Malaysians here abouts are also not risking the
> Credit Card .
> Interesting times .
> And actually a bit nervous with risking the funds to be honest
> Opinions ?
>
> Rob. wrote:

>> Not a bad read as to the financial implications of airlines.
>>
>> .................................................................
>>
>>
>> http://www.sharecafe.com.au/fnarena_news.asp?a=AV&ai=8943
>>
>> "What Qantas can do domestically, it can also do internationally, and
>> while airline analysts concede that the ongoing fate of the Qantas share
>> price is inexorably tied to the price of crude, the airline has a
>> substantial ability to ride out this storm and, provided it also makes
>> more fare increases, is doing all the right things at present.
>>
>>
>> For Virgin, however, it's a different story. As the newer carrier it
>> does not have any old gas-guzzlers it can retire. As a discount airline
>> it does not have an even more discounted airline to which it can defer
>> routes. Qantas has the ability to reduce capacity and thus costs without
>> meaningfully reducing the net number of tickets sold. If Virgin cuts
>> capacity it must surely simply lose business.
>>
>> Not that Virgin is about to go into receivership tomorrow, and one
>> wonders what Mr Branson's thoughts are at this point, but as we know
>> from the long history of the Australian airline industry, only one -
>> Qantas - ever survives over time."