Originally Posted by
Sunfish
My interest is the development of the australian economy.
‘It is axiomatic that this requires Australian companies to be outward looking and internationally competitive to grow and prosper for the benefit of the Australian economy. To be clear, that term benefit means investment, international sales through competitiveness and resulting jobs and prosperity.
To achieve the above requires seamless and efficient international travel capability, inbound and outbound, from Australia.
Qantas does not provide anything like a service that supports the rest of the Australian economy.
To put that another way, your ‘30,000” jobs are at the expense of maybe 500,000++ Australian jobs because you act as a gatekeeper or parasite, preventing fast seamless access for Australian business to the rest of the world. In addition, your international services are biased towards Sydney which gives NSW a larger share of inbound investment than it warrants.
You and your management are quite capable of strangling any economic recovery post Covid - 19. Therefore it would be better for Australia to either nationalize you or let you go to the wall so that we can have true unfettered competition.
To put that another way, Qantas monopoly is a disaster for the Australian economy.
Nothing personal. You are just an economic pest.
Sunfish, Qantas didn’t kill ansett. Ansett did a pretty good job of it itself. With the help of our friends across the ditch. And probably your touch managing some of its engineering. How’d your 767 oversight go again? Oh yes that’s right. What a ‘cracker’ of a tale.
Qantas has also focussed itself on your beloved Melbourne via Jetstar. That’s it’s hub and head office. And it serves your demographic down there very well.
Qantas is a Sydney based airline and obviously focuses its head office operation there. Basically because Sydney is Australia’s biggest city, and where it’s been for most of its history. Longer than you’ve been alive. It’s also the place most visitors want to fly into before dispersing across the domestic network.
Qantas is also flying around empty planes burning cash to serve as an essential service. Because it’s what it does as Australia’s national airline for 100 years. The competition doesn’t want to burn its cash for the good of Australia. Because it’s cash is better suited to its shareholders country of origins. And to keep it going for a little longer. Which is fair enough. PS is actually doing a great job. Perhaps if the cards were a little different, I’ve no doubt Virgin would have come good on his watch. It still may.
To put it another way, would qantas sell the silverware to keep 3k going? It’ll punt it in a heartbeat.
So love it, hate it, whatever. I don’t care. But it’ll be here in another 100. Because it’s an Australian company that does what it does pretty well.