Originally Posted by
V-Jet
Qantas is the issue, and as anyone with half an idea would understand, outsourcing is brilliant today and a disaster tomorrow. Outsourcing is the VERY last thing any company needs, Qantas especially.
Please answer the one question I asked. Why was $1.7B thrown away on self enrichment when it was desperately needed for fleet replacement?
What are you talking about self enrichment? The buy back of about 317m shares starting in 2016 was done at average prices well below today’s price. Most shareholders would I think regard that as good capital management. Fleet decisions would be in accordance with the annual capital expenditure guidance they’ve given the market. Off the top of my head this is about $1-2b per annum. Enough to buy more 787s if the numbers for more than 8 stack up I would have thought.