Originally Posted by
qcc2
Qantas bidders 'restructure $11bn offer'
Lets hope the unions are on to the superfunds and strongly object to the proposed take over.
As far as the Unions are concerned the Texans would see their contribution as = ZIP. No matter how much the combined forces of ALL Qantas unions go..... this is a DONE DEAL.
{I've been trawling thru the net and studying their form and its not a pretty picture.}
Get ready for the announcement before Christmas.
Then it will be - flog off Jetstar= $2b, sell Qantas Freight= $1.0b, Dump QFCL =$50m, offload QF Holidays= $40m...........GAME OVER.
I won't even put up a guestimate of the number of loyal staff that will go!!
Then as a private company, this bunch will cut a swathe thru the Unions as big as the Grand canyon and there is nothing anyone will be able to do. They will not have to answer to pesky shareholders,govt beauracrats -it will be rip, rort and rout.
Sorry to be a bearer of bad news-but this is how its looking to me.