and will defer/cancel any further re-equipment of Qantas International in order to fund the 'non-cancellable' JQ order?
Or even capacity to borrow.
Qantas Debt/Equity ratio was around 75% BEFORE any JQ jets were put back on the books. Along with everything else that Qf has wasted money on, those bonuses were VERY expensive.
Nice to know Qantas still have some of their Avro 504 fleet in the domestic terminal. If the shrinking program is successful enough returning to it's original (and it has to be said, highly successful!) format, then maybe RC is correct, and QF could operate Sydney Harbour Joyflights - possibly advertising is virtual presence with a towed banner up the Northern Beaches? Has anyone looked at this? Is the Avro on the books as far as IFRS16 is concerned?