Originally Posted by Konehead
I don't think the company can last another 2 months at this rate, let alone 4!
Originally Posted by Qantas Half-Year Results 2007/2008
Net cash held at 31 December 2007 was $2,910 million
$2.9 Billion. I'm guessing the company can last a hell of a lot longer than 2 or 4 months! Especially as I doubt they are actually making a loss at moment. The hand that is feeding you comes from a very deep pocket.
Word from IOC is that they will be cancelling flights from next week-not because of Maintenance but because there are no pilots to fly the kites.......particularly the 767 and 744 fleets.
Ouch
Ouch - especially for those guys that have come to expect the extra cash that comes with regular flying.