Qantas $1.83 Billion Loss FY20/21

[MickG0105]

Originally Posted by TimmyTee

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

You sound surprised. Add up what I put in my post and you'll get the same number.

As to "bailout" or "handout" as The Oz article calls it, that sort of language is unhelpful as neither term is apt, moreso the former.

As I posted, Qantas received $588 million in JobKeeper for the year and around $30 million from the International Aviation Support Program. So more than half of government payments to Qantas went directly into the hands of employees; somewhat inappropriate to frame that as an out, either bail or hand.