Originally Posted by
dragon man
A very different Qantas to paraphrase him. Balance sheet decimated to keep the airline going , once jobseeker finishes mass retrenchments and VR every where means more cash gone. New aircraft order this year , I say no. Next year possibly if things bounce back very quickly.
Don't need VR or CR if indefinite stand-downs are in place. Just furlough workers and tell them their jobs will be waiting for them when able to return. Avoid paying out a cash redundancy that way. And a lot will naturally never return due retirement or career change.