Originally Posted by
AerialPerspective
You beat me to it, all 11 have on their certificate "Owner: Qantas Airways Limited" - thus, they can't sell sh-t...
Yeah, don’t be too sure about that. Qantas Group has some well paid accountants running the business. For many years they have been able to shuffle assets and play with numbers to meet their own financial agenda. From QF grounding international operations to JQ threatening to sell planes, there is no length that they will not go to in their journey to halt wage increases. Wage increases for the minions equals less profits for shareholders and less bonuses for management. It is what it is. It’s a game that has been played out for many decades and a game that will be played for decades to come.
Never forget that they are willing to take a hit to the bottom line and be as vindictive as a scorned woman if it means breaking the backs of those who stand between them and their profits.