Special treatment?
Are we about to get back to reality? Qantas has had govt guaranteed loans, and all sorts of "special treatment". Casa appears to be a subsidiary of Qantas.
We have to decide whether we are going to keep giving preferential treatment to one airline group, or whether free trading will be permitted.
If the "special treatment" option is continued, it will be done at the expense of other aviation groups, and the general public. Just like GA.
The management are being well rewarded for a sucessful sale. There are some assets that can be stripped here. It happened to Ansett. A short term profit is achieveable for the management and the purchasers, and a further sale is likely soon.
We had better get used to it, and learn how to handle it. There is much more coming.