How you can reject this is beyond me.. Tiger is an airline struggling to compete and low on funds with the strict 'low cost' model - it needs a boost from someone.
How exactly is this bad for competition? Virgin can resume the low cost arm of the business with tiger on board, it will take more market share away from Qantas on the lower end, leading jetstar to subsequently lower their prices to compete.
Tiger has a bad name as it is. It has burned many customers in the past and is extremely strict with check in procedures. Not to mention the safety record.
Let this happen and be done with it, for the betterment of australian travellers anywhere.
As for Virgin itself, there have been issues with the software switch to sabre - which has caused a lot of headaches as some of you may have encountered..
There will be short term pain here, but long term overseas travellers can work through the virgin network with ease and connect through to Aus domestically through strategic international alliances.. the company has a bloke with a clue at the helm, who had first hand exposure at Qantas to running the joint - long term this company is very cheap ATM - once the international alliances run nicely through sabre, you'll continue to see more returns on your investment.
All imo - dyor.
VAH Price at posting:
43.3¢ Sentiment: Hold Disclosure: Held
