PPRuNe Forums - View Single Post - APA Qantas Bid Strategy
View Single Post
Old 14th Apr 2007, 06:37
  #14 (permalink)  
Chronic Snoozer
 
Join Date: Oct 2002
Location: The Coal Face
Posts: 1,297
Received 333 Likes on 127 Posts
Breathtaking naivety

From what I can ascertain in this article

http://www.smh.com.au/news/business/...971360129.html
our politicians are

a) naive
b) indifferent
c) a & b

except Costello who is
not expected to change his position. When he approved the deal in March, the Treasurer said it was not his job to determine how much debt individual companies should carry on their books.
What did they think the motive of the equity partners was????

and this is just priceless...

There is also speculation that Qantas is about to issue its fourth profit upgrade since late last year, thanks to its best passenger loads in more than 10 years. The latest figures show the airline filled a record 86.6 per cent of its international seats in January.
I guess everyone knew that before they mailed in their acceptances....
Chronic Snoozer is offline