markis10
Veteran Member
- Joined
- Nov 25, 2004
- Posts
- 31,267
- Qantas
- LT Gold
- Virgin
- Red
- Oneworld
- Sapphire
Yet another ex QF staffer pitching in with two cents:
The tie-up between Qantas and Emirates may be good for Qantas but it is unambiguously bad for tourism.
Qantas decided to team up with Emirates because it could not achieve its targeted returns on international routes in which it competes head-to-head with Emirates, including London Heathrow, Frankfurt and the Tasman.
This failure to reach targets can be put down to four key forces – excess supply causing low yields, elevated jet fuel prices resulting in higher long haul costs, weak global economy and asset prices hurting travel in premium cabins, and competitor carriers offering a superior product at a lower price.
Read more: Qantas tie-up is bad for tourism
The tie-up between Qantas and Emirates may be good for Qantas but it is unambiguously bad for tourism.
Qantas decided to team up with Emirates because it could not achieve its targeted returns on international routes in which it competes head-to-head with Emirates, including London Heathrow, Frankfurt and the Tasman.
This failure to reach targets can be put down to four key forces – excess supply causing low yields, elevated jet fuel prices resulting in higher long haul costs, weak global economy and asset prices hurting travel in premium cabins, and competitor carriers offering a superior product at a lower price.
Read more: Qantas tie-up is bad for tourism