#1
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Virgin Cuts routes in response to Oil Price
Just released to ASX.
Brad Quote:
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#2
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I guess MEL-DRW is struggling tith TT/JQ contesting it and the 1 x week SYD-PPP is a pretty token cut.
Given that is all that is being cut I guess we will see the 6% redcution come from the return of 4 x 737's to the lessor in favour of smaller E-190's arriving perhaps? |
#3
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For reading clarity:
Quote:
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#4
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You would think TT might now reconsider their MEL-DRW options(Mabye during the day!)
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#5
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Although TT have been splashing the media with 'growth plans' to capitalise on the reductions by QF/JQ/DJ, they are hurting just as bad.
Internally they are forcing staff to take leave and cost-cutting on a number of fronts, as you would expect. If they think they are immune to the high fuel prices then they have another thing coming... |
#6
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The reason they are sending some Aussie pilots/crew on leave without pay/or to Singapore, is that that 5th A320 that was due to arrive in April, got cancelled and sent to their Singapore ops instead(China routes proved demanding). They had had already hired for this 320, and so TT wont pay them for standing around
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#7
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When they recruited the crews for the 5th aircraft the demand may have been here, now 2-3 months later with higher fuel prices the Australian market can't support the 5th aircraft. These pilots who have left jobs to join Tiger and are now on leave without pay, shows just how much Tiger have mis-read the growth in Australia. After 6 months of operating they are pulling out of NTL and there is talk ROK is next.
Virgin and Jetstar are still recruiting and have not asked for any crews to go on leave without pay! |
#8
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mmm, Mabye the 2nd Base isn't on the cards atm
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#9
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Virgin are not returning 4 aircraft to the lessors - they are being redeployed
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#10
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To Europe perhaps on lease?
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