Naikuni was on Money Matters. [Where is @Horton?]
- 3.1mn passengers in 2010-11 & only 60,000 domestic!
- Another plane coming for domestic operations [meaning NBO-MBA-KSM] in 2011 so expect higher/better domestic pax
- Hedging will remain a cornerstone of KQ's strategy
- KQ cannot afford to pay cabin crew any more moolah [already very well paid]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett