Some excerpts from Sir Richard Branson interview in Malaysia....click here to view.
“I think the incumbent airlines or so call flag carriers will fight very hard to avoid competition. But the Government should have none of that. The government represents the people and the people's interest is competition. The people's interest is not protecting the flag carrier. Tony's company is just as much Malaysian, representing the people as the flag carrier. So, the Government should have no part with the argument that competition is bad for consumers.
“Competition is always extremely good for the consumers. The Government should create competition and that's what their job should be. Of course, Tony should be able to fly between
“If the flag carriers do a good job, they will survive and the competitor will survive as well. If they don’t reduce their fares and offer consumer good value for money, then like any old dead tree, the old tree will die and new saplings will take their place.”
