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Old 13th Jul 2020, 03:05
  #25 (permalink)  
Ollie Onion
 
Join Date: Mar 2012
Location: Dark Side of the Moon
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If this goes on long enough that Airlines with Qantas's balance sheet go down the drain then the whole world is f**(ed. Qantas has openly stated that with the CURRENT situation as of 6 weeks ago they have enough cash to sustain the business until December 21. Since then Jetstar Japan and Jetstar NZ have started flying again and will be at close to 100% in the next few weeks. As soon as Australia sorts itself out and starts unlimited domestic travel again then a good proportion of the domestic business will be back there. The NZ PM is now openly talking about a Tasman Bubble with just WA and QLD and ScoMo has for the first time said this may be what happens. On top of that it looks as though Qantas will not be paying anyone who is not working, contrast that to say Air NZ or BA or Emirates who are having to pay EVERYONE a wage while this goes on. As I say if Qantas sinks then the whole world economy is more screwed than it already is. Is there any other airline (pax) out their where people would feel anymore confident about being part of. And of course Sunfish you have been saying for months now that receivership is going to be great for Virgin and they will be stronger and better after it...... on that logic if Qantas does go to the wall then surely the receivership might be better for everyone as they will be stronger and better.
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