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Issue 86: May 1993
Compass Failure Spells End of Australia Having a Third Domestic Airline
Living only half the time of its original namesake, Compass II’s demise sadly highlights two major truths of the nineteen-nineties Australian airline environment.
Firstly, that no independent third domestic airline will ever realistically serve this nation’s airways and secondly that to be a successful player with a Compass type fleet really requires nothing less than at least $200 million up front. It is for the latter reason that the former will never eventuate in at least the decade ahead.
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