PPRuNe Forums - View Single Post - Qantas $1.83 Billion Loss FY20/21
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Old 26th Aug 2021, 08:39
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TimmyTee
 
Join Date: Feb 2018
Location: Brisbane
Posts: 342
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Originally Posted by MickG0105
So, leaving aside JobKeeper and IAS, you could say that some $500 million of Qantas's $5.9 billion in revenue came from government programs and they shaved nearly $100 million from their $7.9 billion expenses line thanks to AAFR. In the total absence of any government support they would likely still be able to manage their way through another year like the last one given their current net debt and liquidity position.
It appears the total bailout Qantas has received is more than $1 Billion. Thats an insanely high figure.
https://www.theaustralian.com.au/bus...aa7b6b3c60f4c9
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