The entire value of the A380 Fleet including parts and spares has been written off. It’s not coming back.
The ex head of Training and Checking on the Project last night spelled it out clearly.
It’s not ever coming back.
If Joyce and company hadn’t spend billions buying back shares at the top of the market then perhaps there would be some money to do something with to replace them cheaply. Unlikely given the epic debt levels Qantas are now saddled with.
Noticed Joyce was awarded with plenty of share options at the AGM.
Anyone else get any? Or just a stand down letter?