In the interest of clarity, QF is currently sitting about 41% foreign owned. They divest huge dividends quite regularly. All that moola goes straight overseas. The reason they have huge dividends is because they don’t spend anything on their aircraft. Remember AJ has never ordered an aeroplane for QF and he’s been there for over a decade. Billions in dividends, zero on aircraft orders.
The Govt has already ‘picked a winner.’ That would be REX. Direct cash injections to keep operating to all those National Party seats and all that good Aussie cash going straight to the Singaporean’s anyway. Talk of a new entrant to fill the void shows a complete misunderstanding of the industry and what’s probably required post crisis.
As some have said, let’s take the emotion out of it. VA pilots obviously want to survive. QF pilots don’t want us to collapse but they are indifferent to it realistically. Forget about these two groups. That leaves the for and against groups in the wider community. Business, tourism, ACCC, Labour, some Libs, financiers, most jorno’s all seem to want VA to survive for the economies sake and for the good of Orstraya. Those want to see it go all seem somehow connected now or in the past to the mighty QF and it’s executive management. Bit of a theme there.
All I can do is wait......