Originally Posted by
value_investor
I didn't realise how much extra capacity the A321s will offer, especially with the domestic market being so critical to the business' future success. Certainly from all the talk now, I don't expect the CAPEX spending holiday that we thought was going to happen in a few years is going to happen anymore.
I think that yields in this area have been identified as a area for the company to keep squeezing, and they have to continue at this pace to be ahead of the game. It's also better to take advantage from a gearing perspective of these record low interest rates before the door shuts.