Few would dispute that Qantas has pulled off one of the most dramatic airline turnarounds in recent history. However, the Australian carrier now faces an arguably greater challenge—translating this revival into long-term financial stability.
Breaking out of the boom and bust cycle is the holy grail of the airline industry. Any carrier can slash costs to move out of the red, yet the real trick is ensuring this is not just a temporary reprieve but a means of creating a model that can thrive despite external shocks.
Bombardier has reassured airlines that ramp-up issues associated with the PW1500G geared turbofan engine powering the CSeries are being resolved, and the manufacturer is expressing confidence about CSeries deliveries and sales in 2017....More