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Old 18th Apr 2021, 03:12
  #100 (permalink)  
Transition Layer
 
Join Date: Jun 2001
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Put the international division into voluntary administration. Clean the slates and start again. Negative publicity will be more than offset by the savings to be had by renegotiating everything from financing to EBAs.
I was half-expecting a response like that from a Virgin pilot. Apples and oranges though...Virgin was/is a great airline but a poor business once JB and his ego got behind the controls. COVID simply accelerated its run into administration.

Whereas QF International is currently being hamstrung by the most restrictive border controls of basically any country in the world. The Government is continuing to contribute to the pain with no pathway out of it, and I’m suggesting that perhaps an equity stake in the Intl arm could be a better option long term than handouts to staff. After Greg Hunt’s comments the other day that even after the vaccine rollout the borders may stay shut makes you wonder how QF Intl can survive in its current form.
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