I can't believe people are attempting to draw parallels between floating Qantas and the current predicament VA now faces.
That's about as misguided as the childish
PR campaign Virgin have been wasting their money on with full page adds in the print media and endless change.org campaigns on facebook.
But if you want to draw comparisons to the $1.35 billion that memo speaks of, when the remainder
of the Qantas float proceeded in 1995, the government received A$1.45 billion in proceeds after the public share offer took place.
I doubt they will see a similar return on their investment this time around, particularly if the travel ban remains in force for another 6-10 months.