PPRuNe Forums - View Single Post - QF Group possible Redundancy Numbers/Packages
Old 23rd Aug 2020, 15:03
  #1549 (permalink)  
CamelSquadron
 
Join Date: Jan 2014
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QF just raised $1.4bn of fresh equity. No chance of QF going into administration in the next 18 months. Plus it has lots of assets it can still monetise.

The real question is not if QF will survive, but what the new QF will look like.

Domestic should return in the new year. The question mark is international. But QF doesnt need international to survive. It could cut off the international business and would be a very profitable airline in the future. When international will be back is any ones guess at the moment. Lots of crystal balls working overtime.

The support inside the individual states outside NSW and Vic for keeping border restrictions in place runs as high as 90%. Anyone is dreaming if they think any State leader is going to ignore this. Even the Feds cant ignore this. Threats and legal cases will only serve to make people more determined to be protective. Plus no one wants to be the party everyone is pointing the finger for any new outbreak. So a negotiated outcome is the best solution. Get the case numbers down and negotiate with the individual states.

Get Trump out of the White House to sort out the problems in the USA. The world could do with a steady hand at the wheel,

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