Originally Posted by
SHVC
Reading the ASX seems if domestic borders remained open QF group would be making a squillion. 70% decline in revenue and QF (domestic) QLink and JQ were generating positive cash flow JQ seeing 250,000 booking in Novemebr. Then there is the freight which is going off. International, well thats obvious outcome.
Once consumer confidence returns I think QF group will drown out any competitor.
Hope so! I want to get back to work and agree QF certainly will dominate the competition in the Australian market once things get back on track.
But I know more than a few people who are sick of Alan/QF announcing "International travel will resume on date X!" to great media fanfare then as it has been the last, what is it now...two times?...zip...nada...no bueno. And this is
after taking punters hard earned dollars on bookings in many cases. I still suspect towards mid 2022 will be the absolute earliest customer confidence really starts to return and good things begin to happen with international traffic. Til then a realist can only expect plenty more nasty financial losses are still coming for the group.