mlennyma wrote:For kq to turn into profitability,the staff should be the first casualty which is not happening so i foresee more loss announcements.
Can you quantify the staff costs. I am sure for such an industry it is not that significant. The 500 employees could be an expense less than 20% of the total staff cost. For an airline there is no shortcut to costs. If you want profit, there is only one means: Sell more, make more revenues and watch out on forex losses. Have us seen in job adverts on dailies that hiring has never stopped since the last restructuring?