Originally Posted by
Turnleft080
I do expect some equity to be destroyed during a pandemic, the outflow of $40m a week is testament to that. There’s nothing you, I or AJ can do about that.
Struth 40m a week, as a comparison during Ansett's last years they were losing 7m a week. The value of money in 20 years. I realise different era.
There is a difference to outgoings of $40m a week to losses of $7m a week.
Salary costs alone were abut $86m a week(4,5bn a year) before covid - thats before you take into account the other costs like office rent, aircraft, overheads etc.