Originally Posted by
Beagle
You're probably dead right. Passenger revenue last year was $4,960m. Very quick look would suggest an 8% reduction in load factor would suck about $400m off the top line. Then there's the retrenchment of various routes, Hong Kong and Singapore next ?. The effect on revenue would also be serious in regard to route suspensions.
Then there's the effect on yield, super special offers to keep people flying ? and effect on cargo volumes and pricing.
One would hope that Greg Foran would be quick and nimble enough to manage his way through this but a complete newbie to the airline industry at a time when there could be unprecedented disruption is not a good coincidence.
I think the potential for this to be a VERY VERY serious matter for AIR to cope with is crystal clear.