PPRuNe Forums - View Single Post - QF Group possible Redundancy Numbers/Packages
Old 23rd Aug 2020, 03:27
  #1532 (permalink)  
Blueskymine
 
Join Date: Sep 2009
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You speculators are just so clueless.

- Qantas is cash flow positive with just 20% of its domestic network operating and loyalty.

- it owns its fleet (bar the few new 787s it recently hocked for some extra cash

- with standdown it has a large workforce ready to rapidly stand up when required.

- it owns a lot of property outright

- it has 4 billion in cash plus a further billion it can access if required

- domestic will rapidly turn on when the borders are relaxed

- international can afford to be parked with an owned fleet

- international won’t be nationalised.

- qantas will use Jetstar to shield itself from virgin

- it qantas needs cash it will sell Jetstar. That would be a last resort and would probably be going into FY21/22 if this debacle continues.
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