edit my
bold added to denote quote addition as per Capn Bloggs noted below. Apologies to ECAM, I wan't attempting to deliberately misquote or mis-represent them.
Originally Posted by
ECAMACTIONSCOMPLETE
Qantas don’t want the bailout yet, that’s the whole point of Joyce’s stance. He’s just trying to muddy the waters to try and stop virgin getting a bailout, causing them to collapse, and QF having a monopoly, then a bailout later, if necessary.
I suspect that is the AJ strategy. It will be much easier to justify once a substantial period of time has elapsed. "We bunkered down for 12 months without cashflow using our own cash reserves, how long can we be expected to do that?"