PPRuNe Forums - View Single Post - QF Group possible Redundancy Numbers/Packages
Old 23rd Aug 2020, 06:32
  #1537 (permalink)  
crosscutter
 
Join Date: Jan 2006
Location: Australia
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Even if borders stay closed, and the current $40mill a week last for another 12 months. That’s $2 Billion. Even then QF will not be insolvent. Naturally further capital measures will have been attempted before then to prevent widespread shorting of QAN stock. It’s that simple. QF have no debt covenants due.

If we were having this discussion in 12 months due to the above situation eventuating I might start agreeing with some of the points. However, it would be old news as every paper would be covering it. Also Bain and Virgin would be dead by then if that was the case.

It Is uneducated scaremongering horse **** because it is devoid of fact. As for other non metric derived suggestions created by some on here (which you are entitled as a rumour network) understand they lack the wisdom of history at best, and at worst they contradict the very agreements in place which were signed as the COVID-19 disaster was unfolding.
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