Originally Posted by
MickG0105
Always informative getting financial analysis from someone who doesn't know the difference between negative equity and insolvency.
Simple question is Mick
Could QF/JQ reimburse future flights that had been booked and paid for when the shutdown happened ?
Answer no....
Why ?
They expected things to just keep rolling along without interruption and all would be well
In the past they had assets to back up this "loan" from their customers, to a large extent, these assets no longer exist
And they still have a ton of "vouchers" to honour
This is a worry