Originally Posted by
mates rates
It’s hard to believe that there is no conversation about Qantas’ financial position.
It’s not that hard, although this thread is talking about it. It’s not big news because there’s not much to say. Anyway,
Qantas said it had A$2.95 billion of cash, another A$1 billion undrawn credit facility and a further A$3.5 billion of unencumbered assets available. They have capital raising options as well as further debt options. Also the FF business to trade against not that they would. Nevertheless, some sort of restructure is likely to preserve their financial position.