PPRuNe Forums - View Single Post - Qantas $1.83 Billion Loss FY20/21
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Old 26th Aug 2021, 13:57
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MickG0105
 
Join Date: May 2016
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Originally Posted by DirectAnywhere
Lots, mainly operational staff as I'm sure you're aware, but many of them were taking leave, and many staff weren't stood down. So, if their salary was greater than 1000-1500 per fortnight, depending on the value of Jobkeeper at the time, QF kept the lot and pad staff not stood down as normal.

I'm not saying QF got the entire 588 million but they would have kept a pretty fair chunk of it and it's a falsehood to suggest that it went "directly in to the hands of employees".
Fair enough. Call it 50-50 then, Qantas benefited by around $294 million out of JobKeeper. Small consolation given that government restrictions blew a $15 billion smoking hole in their revenue.
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